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Rich Asplund

Smaller Ivory Coast Cocoa Deliveries Support Prices

Cocoa Ivory Coast Ice Ghana London NY Agriculture

December ICE NY cocoa (CCZ26) is up +96 (+1.69%) today, and December ICE London cocoa #7 (CAZ26) is up +48 (+1.13%).

Cocoa prices are up for a second day today amid signs of smaller cocoa supplies from the Ivory Coast. On Monday, data from the Ivory Coast government showed farmers delivered 78,212 MT of cocoa to ports this marketing season (Oct 1 through Oct 18), down -41% from 133,209 MT delivered the same time last year.

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