<div id="readability-page-1">Steep futures decline: July cocoa contracts dropped over 5% in New York and more than 6% in London, extending a week-long slide. Raised delivery estimate: The Ivory Coast now expects 2.2 MMT in deliveries for 2025/26, up from 1.8–1.9 MMT, with port shipments up 1.9% year-on-year. Stockpiles at peak: ICE cocoa inventories have climbed to a 1.75-year high, weighing on prices alongside improved crop prospects.</div>

COCO

<p>Cocoa prices have fallen sharply, with July contracts down over 5% in New York and more than 6% in London. The Ivory Coast has raised its delivery estimate for 2025/26 to 2.2 MMT, up from 1.8–1.9 MMT, contributing to increased port shipments. Additionally, ICE cocoa inventories have reached a 1.75-year high, further pressuring prices amid better crop forecasts.</p>

Cocoa prices drop as Ivory Coast raises crop estimate