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Barchart
Rich Asplund

Cocoa Prices Retreat after Ivory Coast Resumes Some Forward Cocoa Sales

Ice Ivory Coast ICCO Ghana the Ivory Coast London

September ICE NY cocoa (CCU24) today is down -217 (-2.53%), and September ICE London cocoa #7 (CAU24) is down -201 (-2.87%).

Cocoa prices today are moderately lower after the Ivory Coast cocoa regulator said Thursday it had resumed some forward sales for the 2024/25 cocoa crop to buyers with domestic processing plants.  Due to production concerns, The Ivory Coast six months ago halted forward sales of the 2024/25 Ivory Coast cocoa crop.

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