The Latest Breaking News from ICCO

Cocoa Prices Soar as Adverse Ivory Coast Weather Poses a Threat to Cocoa Output

December ICE NY cocoa (CCZ24 ) today is up +2426 (+3.08%), and December ICE London cocoa #7 (CAZ24 ) is up +208 (+3.33%). Cocoa prices today extended this week's sharp rally, with NY cocoa posting a 7-week high and London cocoa posting a 3-month high. Adverse weather in West Africa...

Barchart · Nov 13, 2024

Cocoa Prices Finish Sharply Higher on West African Cocoa Crop Concerns

December ICE NY cocoa (CCZ24 ) Tuesday closed up +569 (+7.80%), and December ICE London cocoa #7 (CAZ24 ) closed up +310 (+5.22%). Cocoa prices rallied sharply Tuesday, with NY cocoa posting a 3-1/2 week high and London cocoa posting a 2-1/2 month high. Fund buying is pushing cocoa prices...

Barchart · Nov 12, 2024

Cocoa Prices Surge on West African Cocoa Crop Concerns

December ICE NY cocoa (CCZ24 ) today is up +583 (+7.99%), and December ICE London cocoa #7 (CAZ24 ) is up +317 (+5.24%). Cocoa prices are soaring today, with NY cocoa posting a 3-1/2 week high and London cocoa posting a 2-1/2 month high. Fund buying is pushing cocoa prices...

Barchart · Nov 12, 2024

Cocoa Prices Soar on a Weak Dollar and Tighter Global Cocoa Supplies

December ICE NY cocoa (CCZ24 ) Thursday closed up +436 (+6.30%), and December ICE London cocoa #7 (CAZ24 ) closed up +329 (+5.99%). Cocoa prices surged on Thursday as a decline in the dollar sparked short covering in cocoa futures. Also, comments Thursday from the CEO of Barry Callebaut, one...

Barchart · Nov 7, 2024

Cocoa Prices Surge on Dollar Weakness and West African Crop Concerns

December ICE NY cocoa (CCZ24 ) today is up +436 (+6.30%), and December ICE London cocoa #7 (CAZ24 ) is up +336 (+6.11%). Cocoa prices today rallied sharply as a decline in the dollar sparked short covering in cocoa futures. Also, comments today from the CEO of Barry Callebaut, one...

Barchart · Nov 7, 2024

Cocoa Prices Fall as the Dollar Rallies

December ICE NY cocoa (CCZ24 ) Wednesday closed down -327 (-4.51%), and December ICE London cocoa #7 (CAZ24 ) closed down -176 (-3.10%). Cocoa prices fell sharply on Wednesday and posted 1-week lows. Wednesday's rally in the dollar index (DXY00 ) to a 4-month high weighed on most commodity prices,...

Barchart · Nov 6, 2024

Dollar Strength Undercuts Cocoa Prices

December ICE NY cocoa (CCZ24 ) today is down -321 (-4.43%), and December ICE London cocoa #7 (CAZ24 ) is down -176 (-3.10%). Cocoa prices today are sharply lower and posted 1-week lows. Today's rally in the dollar index (DXY00) to a 4-month high weighed on most commodity prices, including...

Barchart · Nov 6, 2024

Cocoa Prices Slide on Ivory Coast Harvest Pressures

December ICE NY cocoa (CCZ24 ) Tuesday closed down -77 (-1.05%), and December ICE London cocoa #7 (CAZ24 ) closed down -118 (-2.04%). Cocoa prices on Tuesday were under pressure for a second day as the pace of the Ivory Coast cocoa harvest accelerated. Monday's government data showed that Ivory...

Barchart · Nov 5, 2024

Ivory Coast Harvest Pressures Weigh on Cocoa Prices

December ICE NY cocoa (CCZ24 ) today is down -92 (-1.26%), and December ICE London cocoa #7 (CAZ24 ) is down -141 (-2.43%). Cocoa prices are under pressure today for a second day as the pace of the Ivory Coast cocoa harvest accelerates. Monday's government data showed that Ivory Coast...

Barchart · Nov 5, 2024

Cocoa Prices Post Moderate Losses as the Ivory Coast Cocoa Harvest Picks Up

December ICE NY cocoa (CCZ24 ) Monday closed down -13 (-0.18%), and December ICE London cocoa #7 (CAZ24 ) closed down -80 (-1.36%). Cocoa prices settled moderately lower on Monday, and they were under pressure as drier conditions in the Ivory Coast allowed farmers to return to their fields and...

Barchart · Nov 4, 2024