The Latest Breaking News from ICCO

Supply Concerns Ease and Weigh on Cocoa Prices

December ICE NY cocoa (CCZ24) today is down -104 (-1.47%), and December ICE London cocoa #7 (CAZ24) is down -31 (-0.61%). Cocoa prices today are moderately lower, with NY cocoa holding just above last Friday's 4-1/2 month nearest-futures low. Cocoa prices have been under pressure since last Wednesday when the...

Barchart · Oct 7, 2024

Cocoa Prices Finish Higher as ICE Inventories Shrink

December ICE NY cocoa (CCZ24 ) Friday closed up +39 (+0.55%), and December ICE London cocoa #7 (CAZ24 ) closed up +52 (+1.03%). Cocoa prices recovered from early losses on Friday and posted moderate gains as tighter cocoa stockpiles sparked short covering in cocoa futures. ICE-monitored cocoa inventories held in...

Barchart · Oct 4, 2024

Cocoa Prices Recover as ICE Inventories Tighten

December ICE NY cocoa (CCZ24 ) today is up +53 (+0.75%), and December ICE London cocoa #7 (CAZ24 ) is up +64 (+1.27%). Cocoa prices today recovered from early losses and are moderately higher as tighter cocoa stockpiles sparked short covering in cocoa futures. ICE-monitored cocoa inventories held in US...

Barchart · Oct 4, 2024

Cocoa Prices Settle Sharply Lower as Chocolate Demand Craters

December ICE NY cocoa (CCZ24 ) Tuesday closed down -683 (-8.84%), and December ICE London cocoa #7 (CAZ24 ) closed down -135 (-2.58%). Cocoa prices Tuesday plummeted for a second day and posted 3-1/2 week lows. Concern about weak chocolate demand hammered cocoa prices after Jeffries warned that chocolate sales...

Barchart · Oct 1, 2024

Weak Chocolate Demand Hammers Cocoa Prices

December ICE NY cocoa (CCZ24 ) today is down -681 (-8.82%), and December ICE London cocoa #7 (CAZ24 ) is down -139 (-2.61%). Cocoa prices today plummeted for a second day and posted 3-1/2 week lows. Concerns about weak chocolate demand are hammering cocoa prices after Jeffries warned that chocolate...

Barchart · Oct 1, 2024

Cocoa Prices Settle Sharply Lower on Chocolate Demand Concerns

December ICE NY cocoa (CCZ24 ) Monday closed down -559 (-6.75%), and December ICE London cocoa #7 (CAZ24 ) closed down -296 (-5.35%). Cocoa prices on Monday settled sharply lower due to concerns about chocolate demand. Long liquidation hammered cocoa prices after Jeffries warned that chocolate sales are "notably underperforming"...

Barchart · Sep 30, 2024

Weakness in Chocolate Sales Weighs on Cocoa Prices

December ICE NY cocoa (CCZ24 ) today is down -538 (-6.50%), and December ICE London cocoa #7 (CAZ24 ) is down -296 (-5.35%). Cocoa prices today are sharply lower due to concerns about chocolate demand. Long liquidation hammered cocoa prices after Jeffries warned that chocolate sales are "notably underperforming" other...

Barchart · Sep 30, 2024

Cocoa-producing countries call on EU to delay anti-deforestation law

Cocoa-producing countries have asked the European Union for at least two more years to comply with EU regulation intended to ensure that beans imported to Europe do not come from deforested plots. But despite the mounting pressure, the Commission says it remains focused on implementing the regulation.

Radio France Internationale · Sep 29, 2024

Cocoa Prices Settle Higher on Shrinking Supplies and a Slumping Dollar

December ICE NY cocoa (CCZ24 ) Friday closed up +159 (+1.96%), and December ICE London cocoa #7 (CAZ24 ) closed up +212 (+3.98%). Cocoa prices posted moderate gains on Friday but remained below Thursday's highs when NY cocoa posted a 2-week nearest-futures high and London cocoa posted a 1-month high....

Barchart · Sep 27, 2024

Cocoa Prices Underpinned by Shrinking Supplies

December ICE NY cocoa (CCZ24 ) today is up +128 (+1.58%), and December ICE London cocoa #7 (CAZ24 ) is up +170 (+3.19%). Cocoa prices today are moving higher but remain below Thursday's highs when NY cocoa posted a 2-week nearest-futures high and London cocoa posted a 1-month high. Tightness...

Barchart · Sep 27, 2024