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Barchart
Barchart
Rich Asplund

Dry Conditions in the Ivory Coast Lift Cocoa Prices

Ice Ivory Coast Ghana London NY

December ICE NY cocoa (CCZ26) closed up +29 (+0.52%) on Friday, and December ICE London cocoa #7 (CAZ26) closed up +22 (+0.53%).

Cocoa prices settled higher for the fifth consecutive session on Friday, amid concerns of dry conditions in the Ivory Coast. Forecasts of below-normal rains in the Ivory Coast over the next week could stress crops and reduce cocoa output in the 2026/27 crop season.

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