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Rich Asplund

Cocoa Prices Rebound as West African Producers Hold Back Supplies

Ice West Africa ICCO London NY the International Cocoa Organization United States

March ICE NY cocoa (CCH26) today is up +134 (+3.19%), and March ICE London cocoa #7 (CAH26) is up +73 (+2.43%).

Cocoa prices have rebounded higher today, after the 2-week plunge pushed NY cocoa last Friday down to a 2-year nearest-futures low and London cocoa down to a 2.25-year nearest-futures low.

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