coin-img-ETHETH+1.47%coin-img-BTCBTC+0.30%coin-img-SOLSOL-0.75%coin-img-USDCUSDC+0.01%coin-img-XRPXRP-2.28%coin-img-TRXTRX+0.55%coin-img-HYPEHYPE+1.11%coin-img-BNBBNB-1.27%coin-img-ETHETH+1.47%coin-img-BTCBTC+0.30%coin-img-SOLSOL-0.75%coin-img-USDCUSDC+0.01%coin-img-XRPXRP-2.28%coin-img-TRXTRX+0.55%coin-img-HYPEHYPE+1.11%coin-img-BNBBNB-1.27%coin-img-ETHETH+1.47%coin-img-BTCBTC+0.30%coin-img-SOLSOL-0.75%coin-img-USDCUSDC+0.01%coin-img-XRPXRP-2.28%coin-img-TRXTRX+0.55%coin-img-HYPEHYPE+1.11%coin-img-BNBBNB-1.27%coin-img-ETHETH+1.47%coin-img-BTCBTC+0.30%coin-img-SOLSOL-0.75%coin-img-USDCUSDC+0.01%coin-img-XRPXRP-2.28%coin-img-TRXTRX+0.55%coin-img-HYPEHYPE+1.11%coin-img-BNBBNB-1.27%
user-avatar
Barchart

Ghana’s 2025/26 cocoa harvest rises to 750,000 MT, pressuring New York and London futures

AI Market Summary
Cocoa futures softened as Ghana's 2025/26 harvest rose to 750k MT (+25.6% y/y), Ivory Coast port arrivals are up 20%, and Nigeria's June exports increased 30%, reinforcing near-term supply availability. ICE inventories also climbed to a 2-year high, adding pressure. Offsetting factors include mixed Q2 grindings, El Niño-related crop risks, and expectations for tighter 2026/27 balances, but near-term supply signals dominated.
Impact level
● Medium
Affected assets
NCCOCOCOA2USD/USDT-5.20%
AI Insight · NCCOCOCOA2USD/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Ghana’s cocoa board said 750,000 MT has been harvested for the 2025/26 season, up 25.6% from 597,000 MT in 2024/25. In Ivory Coast, cumulative shipments to ports in the current marketing year reached 2.11 MMT, up 20% year on year. Nigerian cocoa exports in June rose 30% y/y to 18,922 MT, according to Bloomberg. The larger supply signals weighed on prices, with both New York and London cocoa futures ending lower.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Commodity

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.