Read more
2:21 PM ยท 21 April 2025

COCOA surges 3.5% on momentum triggered by supportive Q1 grindings in Europe and Asia ๐Ÿ“ˆ

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

16 April 2026, 7:38 AM

Morning Wrap: Records on Wall Street in anticipation of the opening of the Strait of Hormuz (16.04.2026)

15 April 2026, 6:44 PM

Daily summary: The market pauses at the top

15 April 2026, 4:25 PM

BREAKING: First U.S. inventory decline in two months, mainly due to record exports

15 April 2026, 12:20 PM

Market Wrap: Luxury Under Pressure, AI Drives Market Divergence

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits