The Latest Breaking News from ICCO

Cocoa Soars to New Record Highs on Dwindling Global Supplies

May ICE NY cocoa (CCK24 ) this morning is up +624 (+6.02%), and May ICE London cocoa #7 (CAK24 ) is up +408 (+4.76%). Cocoa prices today soared to new all-time highs. Concern that global cocoa supplies will continue to shrink in the coming months is pushing prices to new...

Barchart · Apr 12, 2024

Cocoa Prices Post New Record Highs on Scarce Cocoa Supplies

May ICE NY cocoa (CCK24 ) this morning is up +30 (+0.29%), and May ICE London cocoa #7 (CAK24 ) is up +127 (+1.50%). Cocoa prices this morning rose to new all-time highs-time highs. Concern about shrinking global cocoa supplies continues to push prices to record highs. Due to limited...

Barchart · Apr 11, 2024

NY Cocoa Climbs to a New All-Time High on Shrinking Global Cocoa Supplies

May ICE NY cocoa (CCK24 ) on Wednesday closed +207 (+2.03%), and May ICE London cocoa #7 (CAK24 ) closed up +213 (+2.59%). Cocoa prices Wednesday rallied sharply, with NY cocoa posting a new all-time high. Concerns about shrinking global cocoa supplies continue to push prices to record highs. Due...

Barchart · Apr 10, 2024

Cocoa Prices Close Sharply Lower on Long Liquidation Pressure

May ICE NY cocoa (CCK24 ) on Wednesday closed down -425 (-4.27%), and May ICE London cocoa #7 (CAK24 ) closed down -517 (-6.17%). Cocoa prices Wednesday sold off sharply to 1-week lows. The recent parabolic rally in cocoa has caused prices to reach overbought conditions, which sparked some long...

Barchart · Apr 3, 2024

Cocoa Prices Retreat as Overbought Conditions Spark Long Liquidation Pressure

May ICE NY cocoa (CCK24 ) this morning is down -437 (-4.39%), and May ICE London cocoa #7 (CAK24 ) is down -517 (-6.17%). Cocoa prices this morning are sharply lower, with NY and London cocoa falling to 1-week lows. The recent parabolic rally in cocoa has caused prices to...

Barchart · Apr 3, 2024

Cocoa Prices Mixed After Posting New All-Time Highs

May ICE NY cocoa (CCK24 ) this morning is down -199 (-1.97%), and May ICE London cocoa #7 (CAK24 ) is up +81 (+0.98%). Cocoa prices this morning are mixed, although NY and London cocoa posted new all-time highs. Concern about shrinking global cocoa supplies continues to push prices to...

Barchart · Apr 2, 2024

Cocoa Prices Skyrocket to a New Record High as Supply Woes Persist

May ICE NY cocoa (CCK24 ) on Monday closed up +354 (+3.62%), and May ICE London cocoa #7 (CAK24 ) did not trade with markets in Europe closed for the Easter Monday holiday. Cocoa prices Monday soared to a new all-time high and closed sharply higher. Concern about shrinking global...

Barchart · Apr 1, 2024

Cocoa Prices Skyrocket to a New All-Time High on Supply Woes

May ICE NY cocoa (CCK24 ) this morning is up +397 (+4.07%), and May ICE London cocoa #7 (CAK24 ) is not trading with markets in Europe closed for the Easter Monday holiday. Cocoa prices today soared to a new all-time high. Concern about shrinking global cocoa supplies continues to...

Barchart · Apr 1, 2024

Cocoa Prices Consolidate Below Tuesday's Record Highs

May ICE NY cocoa (CCK24 ) on Wednesday closed up +221 (+2.30%), and May ICE London cocoa #7 (CAK24 ) closed down -3 (-0.04%). Cocoa prices on Wednesday settled mixed. Prices consolidated below Tuesday's all-time highs as a stronger dollar induced profit-taking in cocoa futures. Because of limited supplies, global...

Barchart · Mar 27, 2024

Cocoa Prices Retreat on Profit-Taking

May ICE NY cocoa (CCK24 ) this morning is down -151 (-1.57%), and May ICE London cocoa #7 (CAK24 ) is down -240 (-2.92%). Cocoa prices this morning are moderately lower as a stronger dollar today induced profit-taking in cocoa futures. Cocoa prices have been on a tear, and record...

Barchart · Mar 27, 2024