On the New York Stock Exchange, this Tuesday (21), cocoa futures contracts due in July ended the session down 2.56%, quoted at US$3,308 per ton. Signs of abundant supply of the commodity and the rise in the dollar index on the American stock exchange led to the decline in trading.
The reached the highest level in 20 months, with 2.6 million bags on Monday (20). With weakness in global demand for cocoa, there is negative pressure on prices in New York.
The European Cocoa Association reported that cocoa grinding in Europe in the first quarter fell 7.8% year-on-year to 325,800 tonnes, a larger-than-expected year-on-year drop and the lowest for a first quarter in 17 years.
On the other hand, the Cocoa Association of Asia (Cocaia Association of Asia) reported that cocoa grinding rose 5.2% on the Asian continent in this first quarter, to 223.5 thousand tons.
Café
The coffee contract for July fell 1.77%, quoted at US$ 2.8265 per pound. The movement still reflects the expectation of one in Brazil, which puts downward pressure on prices.
In March, the Marex Group projected a record coffee harvest in Brazil in 2026/27 of 75.9 million bags, which exceeds Sucafina’s forecast of 75.4 million bags.
The previous month, StoneX also raised its coffee production estimate in Brazil for 2026/27 to a record 75.3 million bags and projected that the global surplus in 2026 will increase to 10 million bags, compared to 1.8 million bags in 2025, the largest surplus in 6 years.
Cotton
The cotton futures contract due in July closed the day up 1.02%, quoted at US$80.86 cents per pound. The movement is motivated by rise in the dollar index and from . ICE-certified cotton stocks remained stable in April at 164,967 bales. The adjusted world price rose another 287 points on Thursday to 61.61 cents per pound.
Sugar
As of 4:12 pm (Brasília time), the sugar contract for July also registered an increase of 0.59%, quoted at US$ 13.71 cents per pound. The USDA (United States Department of Agriculture) projected a production of 42.5 million tons of the commodity in Brazil for 2026/27, a drop of 3% compared to the previous year, citing the fact that plants are processing more sugarcane for ethanol than for sugar.
