📰 **Cocoa Prices Supported by the Outlook of a Smaller Global Surplus**

July ICE NY cocoa (CCN26 ) on Wednesday closed up +30 (+0.89%), and May ICE London cocoa #7 (CAK26 ) closed up +22 (+0.88%). Cocoa prices settled higher on Wednesday amid the prospects of a smaller global surplus. StoneX on Wednesday cut its 2026/27 global cocoa surplus estimate

🔗 https://www.nasdaq.com/articles/cocoa-prices-supported-outlook-smaller-global-surplus

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