COCOA active high volatility

Cocoa (CC — ICE)

agricultural · ICE Futures US · CC (Cocoa Futures)

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Cocoa futures on ICE. Dominated by West African supply; extremely weather-sensitive.

Version: v1 active Updated: Mar 08, 2026 Asset Class: agricultural Queue: 100 headlines Labels: 0

📡 Sentiment Profile

Sensitivity high
Lag days
Volatility high
⚠️

Cocoa can spike on West African supply concerns then reverse as demand destruction limits upside. Grindings data sometimes shows demand resilience despite high prices.

Key Narratives
Ivory Coast and Ghana crop conditions West African weather and disease European and North American grindings Certified stock and port arrivals Sustainability and farmer prices Chocolate demand trends

🏛️ Market Context

Exchange ICE Futures US
Contract CC (Cocoa Futures)
Key Entities
Ivory Coast Ghana El Nino harmattan mid-crop main crop grinding LID
📅

Main crop October-March in West Africa. Mid-crop April-September. Grindings reports quarterly signal demand.

Price Drivers

West African supply (Ivory Coast + Ghana = 60% world), El Niño/La Niña, grinding data, chocolate demand

Known Inversions

Phrases where sentiment is opposite to what a generic model would predict

Phrase Naive Polarity Actual Direction Reason Confidence
El Nino 🟡 Neutral 🟢 BULLISH El Niño brings drier conditions to West Africa, damaging cocoa crops 0.80
harmattan winds 🟡 Neutral 🟢 BULLISH Dry northerly winds damage cocoa pods in Ghana/Ivory Coast 0.80

Data Sources

News sources configured for this security's ingestion pipeline

Source Type Query Terms Items Last Fetched
Google News - Cocoa google_news
cocoa prices cocoa futures Ivory Coast cocoa Ghana cocoa
0 —
NewsAPI Cocoa newsapi
cocoa cocoa prices chocolate West Africa cocoa
0 —
Reddit r/Commodities reddit
cocoa chocolate soft commodities
0 —
Confectionery News RSS rss
cocoa cocoa prices chocolate
0 —