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Rich Asplund

Cocoa Prices Settle Sharply Higher as Demand Fears Ease

Ice ICCO Hershey the International Cocoa Organization London NY

March ICE NY cocoa (CCH26) on Thursday closed up +123 (+3.01%), and March ICE London cocoa #7 (CAH26) closed up +93 (+3.13%).

Cocoa prices settled sharply higher on Thursday after chocolate maker Hershey forecast a better-than-expected outlook for 2026, easing concerns about cocoa demand and fueling short covering in cocoa futures.

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