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This is your Daily Cocoa Price Tracker with Vanessa Clark podcast.
Hey friends, welcome to another episode of Daily Cocoa Price Tracker with Vanessa Clark. I'm Vanessa, your go-to guide for all things cocoa, and today we're diving into the latest cocoa market news, including those current trading prices that everyone's buzzing about.
First up, the big headline: cocoa prices took a sharp dive this week. According to Cocoa Intel's Daily Cocoa Market Report from February 17, 2026, ICE US Cocoa March 2026 futures closed at 3,415 US dollars per metric ton, down a hefty 4.85 percent or 174 points from the previous session. Over in London, ICE March 2026 futures settled at 2,443 pounds per metric ton, dropping 3.17 percent. Barchart confirms this slump extended as demand craters, with New York hitting a 2.5-year low and London a 2.75-year low. That's the current trading price snapshot, folks—well below recent peaks and signaling real pressure.
What's driving this? Ivory Coast, the world's top producer, is sticking to its official farmgate price of 2,800 CFA francs per kilogram through March 31, but Reuters reports farmers are getting just 1,500 to 1,800 CFA in some spots, leaving unsold beans piling up in warehouses. Port arrivals are down 4.4 percent year-on-year at 1.289 million tons. Ghana already slashed its producer price by 29 percent, and whispers say Ivory Coast might follow. Add in rising US ICE stocks to over 2 million bags, weak grinding demand from Europe and Asia, and forecasts of global surpluses from StoneX and ICCO, and you've got ample supply meeting soft chocolate buyer interest.
For you traders and chocolate lovers, the actionable takeaway: watch for more downside if Ivory Coast cuts prices—could push futures toward 3,300. But oversold signals hint at a possible bounce, so keep an eye on resistance around 3,490. Diversify your portfolio and stay nimble with these cocoa price swings.
Thanks for tuning in, besties—subscribe, share, and catch you next time on Daily Cocoa Price Tracker!
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