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Barchart
Rich Asplund

Cocoa Prices Jump as President Trump's Tariffs Allowed to Stay in Place

Ice Donald Trump ICCO Ivory Coast London NY Ghana

July ICE NY cocoa (CCN25) today is up +622 (+6.83%), and July ICE London cocoa #7 (CAN25) is up +256 (+4.13%).

Cocoa prices today are sharply higher as fund short-covering emerged after a federal appeals court on Thursday granted President Trump a temporary reprieve from a ruling threatening to curb his sweeping tariff agenda, which means the cost of cocoa beans in the US will continue to stay higher relative to other regions.

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