December ICE NY cocoa (CCZ26) closed +10 (+0.18%) on Friday, and December ICE London cocoa #7 (CAZ26) closed up +17 (+0.41%).
NY cocoa prices closed higher on Friday despite rising ICE cocoa inventories. ICE cocoa inventories have steadily increased since the start of the year, climbing to a 2.5-year high of 3,675,109 bags on Friday.