May 2021 Monthly Cocoa Market Report

Abidjan, 23 June 2021 – The International Cocoa Organization today releases the Cocoa Market Report for June 2021. The current report highlights the following insights:

  • Prices of the nearby cocoa futures contract on the London and New York markets went up by 6% and almost 4%
    respectively over May 2021.
  • 72,230 tonnes of cocoa beans were exchanged against the MAY-21 contract, up from 20,330 tonnes tendered against
    the MAY-20 contract.
  • Hedgers increased their net short positions from 8,494 contracts to 11,294 contracts in Europe while in the United
    States, they decreased their net short positions from 35,752 contracts to 31,866 contracts.
  • Certified stocks in exchange licensed warehouses continued to climb in May on both sides of the Atlantic.
  • Global forecast of cocoa supplies excess for 2020/21 perked at 165,000 tonnes at the end of May.

You can download the complete report from our Statistics section

 

ISCR 2021 postponed to 5-7 December 2022

Abidjan, Côte d’Ivoire, 19 June 2021. The International Cocoa Organization (ICCO) in partnership with the French institution Agricultural Research Centre for International Development (CIRAD) announce that, considering the evolution of the global health situation following the coronavirus outbreak (COVID-19), the International Symposium on Cocoa Research (ISCR 2021) that was scheduled for September 27-29, 2021, has been rescheduled for December 5-7, 2022, in Montpellier, France,

The International Cocoa Research Symposium is becoming a well-established event in the sector, having previously attracted over 500 participants, not only from the scientific community, but also from the entire cocoa value chain, making it a must-attend event for anyone concerned about the future of cocoa.

The Symposium represents a unique opportunity for participants to interact with cocoa industry leaders and high-level speakers, who will present their latest studies and point the way forward for the cocoa sector. The main theme of this edition of the symposium is “Innovations to Support Market Development and Promote Sustainability in Cocoa Farming to Improve Farmers’ Incomes“.

In order to facilitate the reception of papers and presentations, as well as the registration of participants , the organization has published a website www.iscrsymposium.org from which all the information related to the event, the different thematic areas, as well as the conditions and requirements to send the papers can be consulted. The deadline for submissions has been extended to March 15, 2022.

The event will comply with the strictest measures in terms of prevention of COVID. For those who wish to attend the event you are invited to consult the website for more information, including discounts applicable to students and organizations from ICCO Member and non ICCO Member countries.

Press accreditations to attend the event can be requested by emailing events@icco.org or congrescacao2021@cirad.fr