The Latest Breaking News from ICCO

Cocoa Prices Slump as Ivory Coast Cocoa Harvest Quickens

December ICE NY cocoa (CCZ24 ) today is down -234 (-3.34%), and December ICE London cocoa #7 (CAZ24 ) is down -198 (-3.68%). Cocoa prices today extended their week-long selloff, with NY cocoa dropping to a 7-3/4 month nearest-futures low and London cocoa falling to a 2-week low. Harvest pressures...

Barchart · Oct 24, 2024

Cocoa Prices Continue Lower on Ivory Coast Harvest Pressures

December ICE NY cocoa (CCZ24 ) today are down -117 (-1.64%), and December ICE London cocoa #7 (CAZ24 ) is down -60 (-1.10%). Cocoa prices today added to Tuesday's sharp losses. Harvest pressures in the Ivory Coast are weighing on cocoa prices. Monday's government data showed that Ivory Coast farmers...

Barchart · Oct 23, 2024

Cocoa Prices Settle Lower on Ivory Coast Harvest Pressures

December ICE NY cocoa (CCZ24 ) Tuesday closed down -254 (-3.44%), and December ICE London cocoa #7 (CAZ24 ) closed down -154 (-2.75%). Cocoa prices Tuesday settled sharply lower, with NY cocoa posting a 2-week low and London cocoa posting a 1-1/2 week low. Harvest pressures in the Ivory Coast...

Barchart · Oct 22, 2024

Cocoa Prices Retreat as Ivory Coast Hikes its Cocoa Production Estimate

December ICE NY cocoa (CCZ24 ) today is down -325 (-4.18%), and December ICE London cocoa #7 (CAZ24 ) is down -214 (-4.14%). Cocoa prices today sold off to 1-week lows on the outlook for a larger Ivory Coast cocoa crop. Ivory Coast regulator Le Conseil Cafe-Cacao raised its Ivory...

Barchart · Oct 18, 2024

Cocoa Prices Settle Higher on Mixed Q3 Global Cocoa Grindings

December ICE NY cocoa (CCZ24 ) Thursday closed up +6 (+0.08%), and December ICE London cocoa #7 (CAZ24 ) closed up +71 (+1.23%). Cocoa prices recovered from early losses on Thursday and posted moderate gains. Short covering emerged in cocoa futures Thursday after Q3 cocoa grindings for Asia and Europe...

Barchart · Oct 17, 2024

Cocoa Recovers as Q3 Global Cocoa Demand Remains Resilient

December ICE NY cocoa (CCZ24 ) today is up +16 (+0.21%), and December ICE London cocoa #7 (CAZ24 ) is up +71 (+1.23%). Cocoa prices today recovered from early losses and are moderately higher. Short covering emerged in cocoa futures after today's Q3 cocoa grindings ( a gauge of demand)...

Barchart · Oct 17, 2024

Cocoa Price Retreat on Dollar Strength

December ICE NY cocoa (CCZ24 ) Wednesday closed down -177 (-2.30%), and December ICE London cocoa #7 (CAZ24 ) closed down -42 (-0.73%). Cocoa prices posted moderate losses on Wednesday as a rally in the dollar index (DXY00 ) to a 2-1/4 month high, which sparked long liquidation in cocoa...

Barchart · Oct 16, 2024

Dollar Strength Prompts Long Liquidation in Cocoa Futures

December ICE NY cocoa (CCZ24 ) today is down -222 (-2.80%), and December ICE London cocoa #7 (CAZ24 ) is down -48 (-0.83%). Cocoa prices today are moderately lower as a rally in the dollar index (DXY00 ) to a 2-1/4 month high sparked long liquidation in cocoa futures. Losses...

Barchart · Oct 16, 2024

Cocoa Prices Surge as Rain Delays West African Cocoa Harvest

December ICE NY cocoa (CCZ24 ) Tuesday closed up +327 (+4.29%), and December ICE London cocoa #7 (CAZ24 ) closed up +149 (+2.64%). Cocoa prices Tuesday settled sharply higher, with NY cocoa posting a 2-week high. Cocoa prices are climbing as heavy rain in West Africa has caused flooding and...

Barchart · Oct 15, 2024

Cocoa Rallies as Heavy West African Rain Disrupts the Cocoa Harvest

December ICE NY cocoa (CCZ24 ) today is up +339 (+4.45%), and December ICE London cocoa #7 (CAZ24 ) is up +155 (+2.75%). Cocoa prices today are sharply higher, with NY cocoa posting a 2-week high. Cocoa prices are climbing as heavy rain in West Africa has caused flooding and...

Barchart · Oct 15, 2024