The Latest Breaking News from ICCO

Cocoa Prices Settled Mixed as Technical Selling Undercuts NY Cocoa

May ICE NY cocoa (CCK24 ) on Tuesday closed down -102 (-1.56%), and Mar ICE London cocoa #7 (CAH24 ) closed up +35 (+0.60%). Cocoa prices on Tuesday settled mixed, with Mar London cocoa posting an all-time nearest-futures high. NY cocoa fell back from Monday's record high as overbought conditions...

Barchart · Feb 27, 2024

Cocoa Prices Mixed as Overbought Conditions Weigh on NY Cocoa

May ICE NY cocoa (CCK24 ) this morning is down -113 (-1.72%), and Mar ICE London cocoa #7 (CAH24 ) is up +35 (+0.60%). Cocoa prices on Tuesday are mixed, with Mar London cocoa posting an all-time nearest-futures high. NY cocoa fell back from Monday's record high as overbought conditions...

Barchart · Feb 27, 2024

Cocoa Prices Close Sharply Higher on Persistent Supply Fears

May ICE NY cocoa (CCK24 ) on Monday closed up +301 (+4.81%), and Mar ICE London cocoa #7 (CAH24 ) closed up +216 (+3.87%). Cocoa prices on Monday continued their parabolic rally, with May NY cocoa posting a contract high and Mar NY cocoa and Mar London cocoa posting all-time...

Barchart · Feb 26, 2024

Cocoa Prices Mixed as Dollar Strength Sparks Long Liquidation Pressures

March ICE NY cocoa (CCH24 ) this morning is down -29 (-0.47%), and Mar ICE London cocoa #7 (CAH24 ) is up +166 (+3.26%). Cocoa prices this morning are mixed. Cocoa prices today initially rallied to new record highs, but a rebound in the dollar from a 2-1/2 week low...

Barchart · Feb 22, 2024

Cocoa Prices Surge to Record Highs as Cocoa Output Sinks in Ghana

March ICE NY cocoa (CCH24 ) on Wednesday closed +199 (+3.32%), and Mar ICE London cocoa #7 (CAH24 ) closed +237 (+4.88%). Cocoa prices on Wednesday continued their parabolic rally to new record highs. The latest leg higher in cocoa prices was fueled Wednesday after the Ghana Cocoa Board cut...

Barchart · Feb 21, 2024

Cocoa Prices Soar to Record Highs as Ivory Coast Cocoa Production Plummets

March ICE NY cocoa (CCH24 ) on Tuesday closed +293 (+5.13%), and Mar ICE London cocoa #7 (CAH24 ) closed +139 (+2.95%). Cocoa prices on Tuesday surged to record highs. Lower cocoa production in the Ivory Coast, the world's largest producer, is a major bullish factor for cocoa prices. Monday's...

Barchart · Feb 20, 2024

Cocoa Prices Correct Lower on Concern Record High Prices Will Curb Demand

March ICE NY cocoa (CCH24 ) on Friday closed -255 (-4.28%), and Mar ICE London cocoa #7 (CAH24 ) closed -189 (-3.92%). Cocoa prices on Friday closed sharply lower. Cocoa prices are correcting lower after a sharp five-week rally pushed prices to record highs and into overbought territory. Concerns that...

Barchart · Feb 16, 2024

Cocoa Prices Rally on Declining ICE Inventories and Global Production Concerns

March ICE NY cocoa (CCH24 ) on Friday closed +49 (+1.15%), and Mar ICE London cocoa #7 (CAH24 ) closed +39 (+1.09%). Cocoa prices on Friday rallied to contract highs and settled moderately higher. Declining ICE cocoa inventories and concerns about global cocoa production are pushing cocoa prices higher. The...

Barchart · Jan 12, 2024

Cocoa Prices Push Higher on Smaller Cocoa Supplies from the Ivory Coast

March ICE NY cocoa (CCH24 ) on Thursday closed +68 (+1.62%), and Mar ICE London cocoa #7 (CAH24 ) closed +71 (+2.03%). Cocoa prices on Thursday rose to 1-week highs and rallied for a third session on smaller cocoa supplies from the Ivory Coast. The Ivory Coast government reported Tuesday...

Barchart · Jan 11, 2024

Cocoa Prices Underpinned as Cocoa Supplies from the Ivory Coast Shrink

March ICE NY cocoa (CCH24 ) on Wednesday closed +44 (+1.06%), and Mar ICE London cocoa #7 (CAH24 ) closed +53 (+1.54%). Cocoa prices on Wednesday rose moderately for a second day on smaller cocoa supplies from the Ivory Coast. The Ivory Coast government reported Tuesday that Ivory Coast farmers...

Barchart · Jan 10, 2024