COCOA surges 3.5% on momentum triggered by supportive Q1 grindings in Europe and Asia 📈

Cocoa futures (COCOA) are rising nearly 4% today on the ICE exchange. The momentum, fueled by supportive data from Europe and Asia, continues. Last Thursday, cocoa prices surged sharply in response to the first signs of stronger-than-expected global demand. Since then, momentum has pointed to renewed bullish activity, with prices briefly testing the $8,800 per ton level today.

Data released on April 17 regarding Q1 cocoa processing in Europe showed a year-over-year decline of 3.7% to 353,000 tons. The drop turned out to be smaller than the market’s expected 5% y/y decrease. This indicates that higher prices have not caused a significant 'demand destruction.'

In Asia, grindings declined by 3.4% y/y to nearly 214,000 tons—again, a smaller drop than the anticipated 5% y/y. These reports could also indirectly support sentiment around shares of U.S. chocolate manufacturer Hershey (HSY.US), which are up nearly 1.5% in pre-market trading today.

COCOA (H1 interval)

Source: xStation5

23 October 2026, 6:22 PM

Daily Summary: Oil at five-month highs, indices under pressure (23.10.2026)

23 October 2026, 3:31 PM

US Open: Further declines on Wall Street, Brent above 111 USD, AI correction continues (14.10.2026)

23 October 2026, 5:42 AM

Morning Wrap: AI profitability concerns spark market Sell-Off

22 October 2026, 5:42 PM

Daily Summary: Valuations Under Pressure, Capital Moves Away From Technology

Commodities

Prefer XTB on Google

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days