The Latest Breaking News from ICCO

Cocoa Prices Rebound on Smaller Ivory Coast Cocoa Shipments

September ICE NY cocoa (CCU24 ) today is up +369 (+4.91%), and September ICE London cocoa #7 (CAU24 ) is up +260 (+4.32%). Cocoa prices today recovered from 1-month lows and are sharply higher. Short-covering emerged today to push cocoa prices higher on lower cocoa production in the Ivory Coast,...

Barchart · Aug 5, 2024

Cocoa Prices Pressured by Demand Concerns

September ICE NY cocoa (CCU24 ) today is down -38 (-0.50%), and September ICE London cocoa #7 (CAU24 ) is up +33 (+0.55%). Cocoa prices today are mixed. Cocoa prices today extended this week's slide to 1-month lows on global cocoa demand concerns after Hershey, the world's fourth-largest chocolate producer,...

Barchart · Aug 2, 2024

Cocoa Prices Plummet as Consumers Cut Chocolate Purchases

September ICE NY cocoa (CCU24 ) on Thursday closed down -530 (-6.55%), and September ICE London cocoa #7 (CAU24 ) closed down -423 (-6.58%). Cocoa prices plummeted Thursday, with NY cocoa posting a 3-week low and London cocoa posting a 4-week low. Global cocoa demand concerns hammered cocoa prices Thursday...

Barchart · Aug 1, 2024

Cocoa Prices Sharply Lower on Ideal Crop Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -380 (-4.71%), and September ICE London cocoa #7 (CAU24 ) is down -258 (-3.90%). Cocoa prices today gave up an early advance and turned sharply lower on improved growing conditions in West Africa that could boost cocoa yields. Forecaster Maxar Technologies...

Barchart · Jul 19, 2024

Cocoa Rallies on Stronger Demand and Tighter Supplies

September ICE NY cocoa (CCU24 ) on Thursday closed up +305 (+3.93%), and September ICE London cocoa #7 (CAU24 ) closed up +303 (+4.79%). Cocoa prices on Thursday moved sharply higher due to stronger-than-expected Asian cocoa demand. The Cocoa Association of Asia reported Thursday that Asian Q2 cocoa grindings fell...

Barchart · Jul 18, 2024

Cocoa Prices Jump on Better-Than-Expected Asian Cocoa Demand

September ICE NY cocoa (CCU24 ) today is up +355 (+4.57%), and September ICE London cocoa #7 (CAU24 ) is up +303 (+4.79%). Cocoa prices today are moving sharply higher on stronger-than-expected Asian cocoa demand. The Cocoa Association of Asia reported today that Asian Q2 cocoa grindings fell -1.4% y/y...

Barchart · Jul 18, 2024

Cocoa Prices Settle Lower on Beneficial Weather in West Africa

September ICE NY cocoa (CCU24 ) on Wednesday closed down -81 (-1.03%), and September ICE London cocoa #7 (CAU24 ) closed down -200 (-3.07%). Cocoa prices Wednesday dropped to 1-week lows and closed moderately lower. Improved growing conditions in West Africa that could boost cocoa yields are weighing on prices....

Barchart · Jul 17, 2024

Cocoa Prices Pressured by Good Weather in West Africa

September ICE NY cocoa (CCU24 ) today is down -62 (-0.79%), and September ICE London cocoa #7 (CAU24 ) is down -182 (-2.79%). Cocoa prices today fell to 1-week lows and are moderately lower. Improved growing conditions in West Africa that could boost cocoa yields are weighing on prices. Forecaster...

Barchart · Jul 17, 2024

Cocoa Prices Finish Sharply Lower on Improved Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) on Tuesday closed down -751 (-8.74%), and September ICE London cocoa #7 (CAU24 ) closed down -519 (-7.37%). Cocoa prices plunged Tuesday and settled sharply lower as beneficial growing conditions in West Africa have improved the prospects for the cocoa crop. Forecaster Maxar Technologies...

Barchart · Jul 16, 2024

Cocoa Prices Plunge on Beneficial Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -734 (-8.54%), and September ICE London cocoa #7 (CAU24 ) is down -492 (-6.99%). Cocoa prices today are sharply lower as beneficial growing conditions in West Africa raise expectations for cocoa crop prospects. Forecaster Maxar Technologies said showers are expected to...

Barchart · Jul 16, 2024