The Latest Breaking News from ICCO

Cocoa Prices Slip on Improved Weather Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -3 (-0.04%), and September ICE London cocoa #7 (CAU24 ) is down -142 (-2.17%). Cocoa prices today are under pressure. Improved weather conditions in West Africa should boost the region's cocoa yields and is negative for prices. Cocoa farmers in the...

Barchart · Jul 8, 2024

Cocoa Prices Close Higher on Tighter US Supplies

September ICE NY cocoa (CCU24) on Friday closed up +144 (+1.87%), and September ICE London cocoa #7 (CAU24 ) closed up +292 (+4.67%). Cocoa prices Friday closed higher on tighter US cocoa supplies. ICE-monitored cocoa inventories held in US ports fell to a 3-1/2 year low Wednesday of 3,161,3717 bags....

Barchart · Jul 5, 2024

Cocoa Prices Push Higher on Tight Supplies

September ICE NY cocoa (CCU24 ) today is up +140 (+1.82%), and September ICE London cocoa #7 (CAU24 ) is up +292 (+4.67%). Cocoa prices today are sharply higher as US cocoa supplies tighten. ICE-monitored cocoa inventories held in US ports fell to a 3-1/2 year low Wednesday of 3,161,3717...

Barchart · Jul 5, 2024

Cocoa Prices Retreat on the Outlook for Ivory Coast Cocoa Production to Recover

September ICE NY cocoa (CCU24 ) today is down -473 (-6.12%), and September ICE London cocoa #7 (CAU24 ) is down -194 (-3.05%). Cocoa prices today are sharply lower, with NY cocoa sliding to a 5-week low. The outlook for Ivory Coast cocoa production to improve is weighing on prices....

Barchart · Jul 1, 2024

Cocoa Closes Sharply Higher as ICE Inventories Retreat

September ICE NY cocoa (CCU24 ) on Friday closed up +458 (+6.30%), and July ICE London cocoa #7 (CAN24 ) closed up +365 (+5.10%). Cocoa prices Friday finished sharply higher, recovering most of Thursday's sharp losses. The price movement in cocoa remains highly volatile, and little news can move prices...

Barchart · Jun 28, 2024

Shrinking ICE Inventories Give Cocoa Prices a Boost

September ICE NY cocoa (CCU24 ) today is up +418 (+5.75%), and July ICE London cocoa #7 (CAN24 ) is up +332 (+4.64%). Cocoa prices today are sharply higher, recovering most of Thursday's sharp losses. The price movement in cocoa remains highly volatile, and little news can move prices dramatically....

Barchart · Jun 28, 2024

Cocoa Prices Settle Sharply Lower on Beneficial Rain in West Africa

September ICE NY cocoa (CCU24 ) on Thursday closed down -517 (-6.64%), and July ICE London cocoa #7 (CAN24 ) closed down -654 (-8.37%). Cocoa prices Thursday sold off sharply, with London cocoa falling to a 4-week low. Favorable weather has moved into West Africa and is undercutting cocoa prices....

Barchart · Jun 27, 2024

Cocoa Prices Plunge on West African Showers

September ICE NY cocoa (CCU24 ) today is down -560 (-7.19%), and July ICE London cocoa #7 (CAN24 ) is down -804 (-10.29%). Cocoa prices today are sharply lower, with London cocoa falling to a 4-week low. Favorable weather has moved into West Africa and is undercutting cocoa prices. Forecaster...

Barchart · Jun 27, 2024

Cocoa Prices Under Pressure as Growing Conditions Improve in West Africa

September ICE NY cocoa (CCU24 ) on Wednesday closed down -58 (-0.74%), and July ICE London cocoa #7 (CAN24 ) closed up +3 (+0.04%). Cocoa prices Wednesday settled mixed. Cocoa is under pressure from reports of beneficial growing weather in the Ivory Coast and Ghana that should boost cocoa production....

Barchart · Jun 26, 2024

Cocoa Prices Slide on Favorable Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -42 (-0.54%), and July ICE London cocoa #7 (CAN24 ) is up +39 (+0.50%). Cocoa prices today are mixed. Cocoa is under pressure from reports of beneficial growing weather in the Ivory Coast and Ghana that should boost cocoa production. However,...

Barchart · Jun 26, 2024