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Barchart
Barchart
Rich Asplund

Cocoa Prices Jump to 6-1/2 Year Highs on Tigher Supplies

Ice ICCO NY Ivory Coast London

May ICE NY cocoa (CCK23) on Tuesday closed up +51 (+1.70%), and May ICE London cocoa #7 (CAK23) closed up +26 (+1.16%).

Cocoa prices Tuesday rallied to 6-1/2 year highs.   Cocoa prices have rallied sharply over the past month on signs of improved cocoa demand and tighter global supplies.

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