Cocoa London Prices

15-04-2026 - Over the past month, the price of Cocoa London has seen a notable increase, climbing from £2411/t to £2649/t. This rise suggests strong demand or possible supply constraints in the raw material market. However, the forecast anticipates a price decline to £2233/t from the current £2649/t, marking a decrease of £416/t or -15.7%. This projected downward trend poses a significant risk for raw material pricing.

The forecast highlights substantial downward pressure on raw material prices, primarily influenced by technical data, which contributes a -£192/t impact. Key factors include trend following and traders' positions, with all data types such as demand, flows, and supply supporting this downward trajectory.

Recent analyses, however, suggest potential stabilization in the cocoa market, indicating a shift from the previous downward trend. According to a report by Sucden Financial dated April 13, 2026, New York cocoa futures have been consolidating above the 3,200–3,000 USD/MT range, with momentum indicators showing signs of improvement. While the broader trend remains bearish, the market appears to be entering a consolidation phase, with improving momentum suggesting stabilization. This perspective contrasts with the forecast's prediction of a price drop to 2,233 USD/MT in the coming month, highlighting a differing view from external sources.