The Latest Breaking News from ICCO

Cocoa Prices Post Moderate Gains on Tight Global Supplies

December ICE NY cocoa (CCZ24 ) Friday closed up +58 (+0.76%), and December ICE London cocoa #7 (CAZ24 ) closed up +58 (+1.10%). Cocoa prices Friday posted moderate gains. Lower cocoa production in the Ivory Coast, the world's largest producer, is bullish for cocoa prices. Government data Wednesday showed that...

Barchart · Aug 30, 2024

Cocoa Prices Moderately Higher on Tight Global Cocoa Supplies

December ICE NY cocoa (CCZ24 ) today is up +59 (+0.77%), and December ICE London cocoa #7 (CAZ24 ) is up +34 (+0.64%). Cocoa prices today are moderately higher. Lower cocoa production in the Ivory Coast, the world's largest producer, is bullish for cocoa prices. Government data Wednesday showed that...

Barchart · Aug 30, 2024

Rain in West Africa Weighs on Cocoa Prices

December ICE NY cocoa (CCZ24 ) Thursday closed down -128 (-1.65%). September ICE London cocoa #7 (CAU24 ) closed down -92 (-1.62%). Cocoa prices posted moderate losses on Thursday as forecasts for rain in West Africa improved the region's cocoa crop prospects. Forecaster Maxar Technologies said that current rain in...

Barchart · Aug 29, 2024

Cocoa Falls on Forecasts for Rain in West Africa

December ICE NY cocoa (CCZ24 ) today is down -230 (-2.87%). September ICE London cocoa #7 (CAU24 ) is down -547 (-8.71%). Cocoa prices are sinking today, with London cocoa posting a 3-month low. An improved weather outlook sparked long liquidation in cocoa futures after Maxar Technologies forecast rain for...

Barchart · Aug 27, 2024

NY Cocoa Posts Moderate Gains on Adverse Weather in West Africa

December ICE NY cocoa (CCZ24 ) on Monday closed up +199 (+2.55%). September ICE London cocoa #7 (CAU24 ) did not trade Monday, with markets in the UK closed for a bank holiday. NY cocoa climbed to a 2-month high on Monday due to concerns that excessively dry conditions in...

Barchart · Aug 26, 2024

NY Cocoa Jumps to a 2-Month High on Adverse Weather in West Africa

December ICE NY cocoa (CCZ24 ) today is up +246 (+3.15%). September ICE London cocoa #7 (CAU24 ) is not trading today, with markets in the UK closed for a bank holiday. NY cocoa today climbed to a 2-month high on concerns that excessive dry conditions in West Africa could...

Barchart · Aug 26, 2024

NY Cocoa Prices Underpinned by Global Supply Fears

September ICE NY cocoa (CCU24 ) Friday closed up +132 (+1.36%), and September ICE London cocoa #7 (CAU24 ) closed down -62 (-0.98%). NY cocoa prices settled mixed on Friday, with NY cocoa posting a 2-month high as dry weather in West Africa could curb the region's cocoa production. Forecaster...

Barchart · Aug 23, 2024

NY Cocoa Rallies on West African Weather Concerns

September ICE NY cocoa (CCU24 ) today is up +132 (+1.36%), and September ICE London cocoa #7 (CAU24 ) is down -62 (-0.98%). NY cocoa prices today are mixed, with NY cocoa posting a 2-month high as dry weather in West Africa could curb the region's cocoa production. Forecaster Maxar...

Barchart · Aug 23, 2024

Cocoa Prices Move Higher on Global Supply Concerns

September ICE NY cocoa (CCU24 ) Thursday closed up +107 (+1.12%), and September ICE London cocoa #7 (CAU24 ) closed unchanged. NY cocoa prices Thursday settled moderately higher. Dry weather in West Africa could curb the region's cocoa production and pushed NY cocoa prices to a 2-month high Wednesday. Forecaster...

Barchart · Aug 22, 2024

Cocoa Prices Supported by Production Concerns in West Africa

September ICE NY cocoa (CCU24 ) today is up +139 (+1.45%), and September ICE London cocoa #7 (CAU24 ) is unchanged. NY cocoa prices today are moderately higher. Dry weather in West Africa could curb the region's cocoa production and pushed NY cocoa prices to a 2-month high Wednesday. Forecaster...

Barchart · Aug 22, 2024