The Latest Breaking News from ICCO

Cocoa Prices Give up Early Gains on Dollar Strength

Dec ICE NY cocoa (CCZ23 ) on Wednesday closed -42 (-1.21%), and Dec ICE London cocoa #7 (CAZ23 ) closed -33 (-1.10%). Cocoa prices on Wednesday fell back from 1-week highs and turned lower after the dollar recovered from a 2-week low and moved higher, which sparked long liquidation in...

Barchart · Oct 11, 2023

Cocoa Posts Moderate Gains as Rain Delays the West African Cocoa Harvest

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed +39 (+1.14%), and Dec ICE London cocoa #7 (CAZ23 ) closed +28 (+0.94%). Cocoa prices on Tuesday closed moderately higher. Cocoa rose Tuesday after forecaster Maxar Technologies said that rainfall in parts of West Africa is delaying the main crop cocoa...

Barchart · Oct 10, 2023

Cocoa Prices Fall Back on a Strong Start to Ivory Coast Cocoa Harvest

Dec ICE NY cocoa (CCZ23) on Monday closed -18 (-0.52%), and Dec ICE London cocoa #7 (CAZ23) closed -15 (-0.50%). Cocoa prices on Monday settled moderately lower. An excellent start to the Ivory Coast 2023/24 main cocoa harvest that began October 1 is weighing on prices. Monday's Ivory Coast government...

Barchart · Oct 9, 2023

Cocoa Prices Firm on Smaller Ivory Coast Cocoa Supplies

Dec ICE NY cocoa (CCZ23 ) on Monday closed +84 (+2.46%), and Dec ICE London cocoa #7 (CAZ23 ) closed +83 (+2.81%). Cocoa prices Monday posted moderate gains on reduced cocoa supplies from the Ivory Coast. Ivory Coast farmers shipped 2.36 MMT of cocoa from Oct 1-Sep 30, down -4.1%...

Barchart · Oct 2, 2023

Cocoa Prices Weighed Down by an Improved Ivory Coast Cocoa Crop Outlook

Dec ICE NY cocoa (CCZ23 ) on Friday closed -41 (-1.19%), and Dec ICE London cocoa #7 (CAZ23 ) closed -29 (-0.97%). Cocoa prices Friday closed moderately lower, with London cocoa falling to a 3-week low. An improved outlook for the Ivory Coast's main crop is weighing on cocoa prices....

Barchart · Sep 29, 2023

Cocoa Prices Close Higher as ICE Cocoa Inventories Tighten

Dec ICE NY cocoa (CCZ23 ) on Thursday closed +43 (+1.26%), and Dec ICE London cocoa #7 (CAZ23 ) closed +25 (+0.85%). Cocoa prices Thursday posted moderate gains on ever-tighter cocoa supplies. ICE-monitored cocoa inventories held in U.S. ports have declined steadily over the past four months to a 7-1/2...

Barchart · Sep 28, 2023

Cocoa Prices Tumble on Asset Risk Aversion

Dec ICE NY cocoa (CCZ23 ) on Wednesday closed -84 (-2.40%), and Dec ICE London cocoa #7 (CAZ23 ) closed -48 (-1.60%). Cocoa prices Wednesday retreated, with NY cocoa posting a 1-month low and London cocoa posting a 2-1/2 week low. Wednesday's fall in the S&P 500 to a 3-3/4...

Barchart · Sep 27, 2023

Cocoa Prices Recover Early Losses as Supplies Tighten

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed +4 (+0.11%), and Dec ICE London cocoa #7 (CAZ23 ) closed +22 (+0.74%). Cocoa prices Tuesday closed moderately higher, with NY cocoa recovering from a 4-week low. Short-covering in cocoa futures emerged Tuesday on signs of ever-tighter supplies after ICE-monitored cocoa...

Barchart · Sep 26, 2023

Cocoa Prices Retreat on Beneficial Growing Conditions in the Ivory Coast

Dec ICE NY cocoa (CCZ23 ) on Monday closed -86 (-2.40%), and Dec ICE London cocoa #7 (CAZ23 ) closed -43 (-1.42%). Cocoa prices Monday posted moderate losses, with NY cocoa falling to a 4-week low. Monday's rally in the dollar index (DXY00 ) to a 6-½ month high undercut...

Barchart · Sep 25, 2023

Cocoa Prices Mixed on Currency Fluctuations

Dec ICE NY cocoa (CCZ23 ) on Friday closed -13 (-0.36%), and Dec ICE London cocoa #7 (CAZ23 ) closed +21 (+0.70%). Cocoa prices Friday settled mixed. NY cocoa Friday was under pressure as the dollar index (DXY00 ) climbed to a 6-1/2 month high. However, London cocoa Friday moved...

Barchart · Sep 22, 2023