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Barchart
Barchart
Rich Asplund

Ivory Coast Crop Concerns Spur Short Covering in Cocoa

Ivory Coast Ice Ghana El Niño London NY

December ICE NY cocoa (CCZ26) is up +66 (+1.23%) today, and December ICE London cocoa #7 (CAZ26) is up +459 (+1.14%).

Cocoa prices rebounded from 1.75-month lows today and moved higher as short-covering emerged on concerns that dry weather forecasts for the Ivory Coast could stress crops and could curb cocoa output in the 2026/27 crop season.

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