The Latest Breaking News from ICCO

Cocoa Prices Strengthen as Global Supplies Tighten

Dec ICE NY cocoa (CCZ23 ) on Wednesday closed +3 (+0.08%), and Dec ICE London cocoa #7 (CAZ23 ) closed +21 (+0.71%). Cocoa prices Wednesday posted moderate gains, with Dec London cocoa posting a contract high. Smaller cocoa supplies from the Ivory Coast are bullish for prices. Ivory Coast farmers...

Barchart · Sep 6, 2023

Cocoa Prices Rally Amid Tighter Global Supplies

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed +44 (+1.22%), and Dec ICE London cocoa #7 (CAZ23 ) closed +51 (+1.75%). Cocoa prices Tuesday settled moderately higher, with Dec NY cocoa posting a contract high. Smaller cocoa supplies from the Ivory Coast are bullish for prices. Ivory Coast farmers...

Barchart · Sep 5, 2023

Cocoa Prices Fall Back as Dollar Strength Sparks Long Liquidation

Dec ICE NY cocoa (CCZ23 ) on Friday closed -33 (-0.91%), and Dec ICE London cocoa #7 (CAZ23 ) closed -29 (-0.98%). A stronger dollar Friday sparked long liquidation and profit taking in cocoa futures. Cocoa prices have rallied over the past three months with NY cocoa last month posting...

Barchart · Sep 1, 2023

Dollar Strength Weighs on Cocoa Prices

Sep ICE NY cocoa (CCU23 ) on Tuesday closed -26 (-0.77%), and Sep ICE London cocoa #7 (CAU23 ) closed +1 (+0.04%). Cocoa prices Tuesday closed mostly lower. Tuesday's rally in the dollar index to a 2-1/4 month high weighed on NY cocoa prices. However, concerns about tighter global cocoa...

Barchart · Aug 22, 2023

Cocoa Prices Consolidate Below Their 12-Year High

Sep ICE NY cocoa (CCU23 ) on Monday closed -11 (-0.33%), and Sep ICE London cocoa #7 (CAU23 ) closed -1 (-0.048%). Cocoa prices Monday posted modest losses as they consolidated below recent highs. Earlier this month, NY cocoa rallied to a 12-year nearest-futures high as the outlook for tighter...

Barchart · Aug 21, 2023

Cocoa Prices Move Higher on Tight Global Supplies

Sep ICE NY cocoa (CCU23 ) on Thursday closed +41 (+1.22%), and Sep ICE London cocoa #7 (CAU23 ) closed +25 (+0.93%). Cocoa prices Thursday closed moderately gains, with NY cocoa posting a 1-week high and London cocoa posting a 5-week high. Concerns about lower cocoa production in Ghana, the...

Barchart · Aug 17, 2023

Cocoa Rallies as Ghana Cocoa Output Shrinks

Sep ICE NY cocoa (CCU23 ) on Wednesday closed +32 (+0.96%), and Sep ICE London cocoa #7 (CAU23 ) closed +6 (+0.22%). Cocoa prices Wednesday posted moderate gains, with NY cocoa climbing to a 1-week high. Concerns that Ghana, the world's second-largest cocoa producer, is unlikely to fulfill some of...

Barchart · Aug 16, 2023

Strong Demand Underpins Cocoa Prices

Sep ICE NY cocoa (CCU23 ) on Tuesday closed +19 (+0.57%), and Sep ICE London cocoa #7 (CAU23 ) closed +25 (+0.94%). Cocoa prices Tuesday climbed to a 1-week high and closed moderately higher. Strong cocoa demand is underpinning prices. Gepex, an exporter group that includes six of the world's...

Barchart · Aug 15, 2023

Cocoa Prices Post Moderate Gains on Strong Demand

Sep ICE NY cocoa (CCU23 ) on Monday closed +24 (+0.73%), and Sep ICE London cocoa #7 (CAU23 ) closed +37 (+1.41%). Cocoa prices Monday posted moderate gains for a second session on positive carryover from last Friday when Gepex, an exporter group that includes six of the world's biggest...

Barchart · Aug 14, 2023

Cocoa Prices Climb on Strength in Global Cocoa Demand

Sep ICE NY cocoa (CCU23 ) on Friday closed +15 (+0.46%), and Sep ICE London cocoa #7 (CAU23 ) closed +15 (+0.57%). Cocoa prices Friday settled moderately higher on signs of strength in global cocoa demand. Gepex, an exporter group that includes six of the world's biggest cocoa grinders, reported...

Barchart · Aug 11, 2023