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Cocoa futures extended their selloff as rising ICE inventories, which reached 3.740 million bags, outweighed concerns that El Niño could hurt upcoming crops. The article also reports that U.S. cotton export sales rose to 277,522 bales for the week ended October 29, the highest combined weekly total since September 17.
Higher cocoa stocks and near-term rainfall prospects ease supply concerns and weigh on cocoa prices, despite El Niño risk. Stronger cotton sales support demand, though the report says broader economic and currency pressures limited the market response.
admis.comMark BowmanNov 6, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
