Cocoa West Africa · Ecuador

Raw cocoa beans.

Sovran Commodities brokers raw cocoa beans from West Africa to trade houses and grinders in Europe and Asia. We work seller-side, placing cargo from producers and licensed exporters in Nigeria and Cameroon, with additional supply from Ecuador.

Cocoa is priced the way the trade prices it: against the ICE London terminal with an origin differential, or flat where a buyer prefers. Every offer we carry states the specification a buyer actually contracts on: bean count, moisture, mould, slaty, free fatty acid and fat content. Where a supplier's price does not reconcile against the market, the offer does not leave our desk.

From 30 December 2026, cocoa placed on the EU market requires a due diligence statement under the EU Deforestation Regulation, with geolocation for every farm plot. We check a supplier's geolocation data before we present their cargo, so a buyer's compliance team is not the first to find the gaps.

Contracts follow Federation of Cocoa Commerce terms where the buyer works on them. Quality and weight are confirmed by an independent surveyor at stuffing: SGS, Bureau Veritas or Cotecna, nominated by the buyer.

Common questions.

Which cocoa origins does Sovran broker?

Raw cocoa beans from Nigeria and Cameroon, other West African origins, and Ecuador.

How is cocoa priced?

Against the ICE London terminal with an origin differential, or flat on request.

Is the cocoa EUDR compliant?

Supplier geolocation data is checked before cargo is offered. Compliance is confirmed per lot.

Who inspects the cargo?

An independent surveyor nominated by the buyer, typically SGS, Bureau Veritas or Cotecna, at stuffing.

Further reading.

EUDR and cocoa sourcing: what changes on 30 December 2026 →

Also brokered: raw cashew nuts (RCN) → · Public positions →

Buying or selling cocoa? State origin, volume and shipment window.