NASDAQ:BNTX News 7 January 2026

January 27, 2026, 2:23 PM EST. Cocoa prices rose as the U.S. dollar fell to a 4.25-month low, prompting short covering in ICE NY cocoa futures. The London cocoa market saw limited gains due to a stronger British pound. West African producers, particularly Ivory Coast-the world's largest cocoa exporter-are withholding supply following a 3.2% drop in shipments this marketing year. Despite recent price lows triggered by abundant stocks and weak demand, favorable weather is expected to boost upcoming harvests in the region. The International Cocoa Organization reported a 4.2% rise in global stocks year-on-year. Demand remains soft; major chocolate producer Barry Callebaut reported a 22% fall in cocoa sales volume, and grinding data from Europe and Asia show declines, while North American grindings edged up slightly. ICE-monitored U.S. port cocoa inventories also recently increased, adding bearish pressure.