The Latest Breaking News from ICCO

Cocoa Prices Mixed on Currency Fluctuations

May ICE NY cocoa (CCK24 ) this morning is down -9 (-0.11%), and May ICE London cocoa #7 (CAK24 ) is up +49 (+0.72%). Cocoa prices this morning are mixed, with London cocoa posting a new record high. NY cocoa gave up an early advance today and turned lower as...

Barchart · Mar 19, 2024

Cocoa Prices Post New Record Highs on Uncertainty About Global Cocoa Production

May ICE NY cocoa (CCK24 ) on Monday closed up +154 (+1.92%), and May ICE London cocoa #7 (CAK24 ) closed up +262 (+4.00%). On Monday, the May NY and London cocoa futures contracts extended their two-month-long parabolic rally to new record highs on continued concern about tight cocoa supplies...

Barchart · Mar 18, 2024

Cocoa Prices Post New Record Highs on Uncertainty About Global Cocoa Output

May ICE NY cocoa (CCK24 ) this morning is up +126 (+1.57%), and May ICE London cocoa #7 (CAK24 ) is up +233 (+3.56%). The May NY and London cocoa futures contracts today extended their parabolic two-month-long rally to new record highs on continued concern about tight cocoa supplies from...

Barchart · Mar 18, 2024

Cocoa Prices Resume Rally on Tight Supplies

May ICE NY cocoa (CCK24 ) today is sharply higher by +308 (+4.58%), and May ICE London cocoa #7 (CAK24 ) is up +323 (+5.86%). May NY cocoa today rallied sharply to a new contract high due to ongoing West African cocoa supply concerns. Lower cocoa production in the Ivory...

Barchart · Mar 12, 2024

Cocoa Prices Resume Rally on Tight Supplies

May ICE NY cocoa (CCK24 ) today is up +255 (+3.99%), and May ICE London cocoa #7 (CAK24 ) is up +245 (+4.68%). May NY cocoa on Monday edged to a new contract high due to ongoing West African cocoa supply concerns. Lower cocoa production in the Ivory Coast, the...

Barchart · Mar 11, 2024

Forecasts for Rain in West Africa Sparks Long Liquidation in Cocoa

May ICE NY cocoa (CCK24 ) on Friday closed down -56 (-0.87%), and May ICE London cocoa #7 (CAK24 ) closed down -119 (-2.22%). Cocoa prices on Friday extended Thursday's losses and posted 1-week lows as forecasts for rain in West Africa sparked long liquidation in cocoa futures. Losses in...

Barchart · Mar 8, 2024

Forecasts for Rain in West Africa Weigh on Cocoa Prices

May ICE NY cocoa (CCK24 ) this morning is down -48 (-0.74%), and May ICE London cocoa #7 (CAK24 ) is down -120 (-2.24%). Cocoa prices this morning extended Thursday's losses and posted 1-week lows as forecasts for rain in West Africa sparked long liquidation in cocoa futures. Losses in...

Barchart · Mar 8, 2024

Cocoa Prices Retreat on Forecasts for Rain in West Africa

May ICE NY cocoa (CCK24 ) on Thursday closed down -97 (-1.48%), and May ICE London cocoa #7 (CAK24 ) closed down -119 (-2.18%). Cocoa prices on Thursday retreated as forecasts for rain in West Africa are positive for cocoa yields. Losses in London cocoa accelerated after the British pound...

Barchart · Mar 7, 2024

Cocoa Prices Fall on Forecasts for Rain in West Africa

May ICE NY cocoa (CCK24 ) this morning is down -80 (-1.22%), and May ICE London cocoa #7 (CAK24 ) is down -115 (-2.10%). Cocoa prices this morning are sharply lower as forecasts for rain in West Africa are positive for cocoa yields and sparked long liquidation pressure in cocoa...

Barchart · Mar 7, 2024

Cocoa Prices Mixed as British Pound Strength Weighs on London Cocoa

May ICE NY cocoa (CCK24 ) on Wednesday closed up +99 (+1.53%), and May ICE London cocoa #7 (CAK24 ) closed down -13 (-0.24%). Cocoa prices on Wednesday settled mixed. Cocoa prices are underpinned by concern that large cocoa deficits could force West African cocoa suppliers to default on their...

Barchart · Mar 6, 2024