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Rich Asplund

Cocoa Prices Slip as Ivory Coast Cocoa Harvest Accelerates

Ice Ivory Coast London ICCO NY

March ICE NY cocoa (CCH25) today is down -70 (-0.77%), and December ICE London cocoa #7 (CAZ24) is down -95 (-1.22%).

Cocoa prices today are moderately lower as the pace of the Ivory Coast cocoa harvest picks up. Today's government data showed that Ivory Coast farmers shipped 642,500 MT of cocoa to ports from October 1 to November 24, up +34% from 415,523 MT shipped the same time last year.

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