Cocoa Prices Sink on Abundant Supplies

Written on 11/05/2026
Rich Asplund

December ICE NY cocoa (CCZ26 ) closed down -275 (-5.04%) on Thursday, and ICE London cocoa #7 (CAZ26 ) closed down -198 (-4.84%). Cocoa prices extended their three-week-long slide on Thursday and posted fresh 5-week lows. ICE cocoa inventories are easing supply concerns and weighing on prices. ICE cocoa inventories...Hands with cocoa beans by Public Domain via Pixabay