Cocoa futures fall over 4% to lowest since early October
Updated
Summary
Cocoa futures fell over 4% to around $5,500 a tonne, their lowest level since early October.
Why it matters
Rising inventories added pressure, while signs of improving demand and concerns over West African supplies limited the downside.
What remains uncertain
The 2026/27 West African crop outlook remains uncertain amid weather and crop-disease concerns, with El Niño adding further uncertainty.