The Latest Breaking News from ICCO

Stronger Dollar Sparks Long Liquidation Pressure in in Cocoa Futures

May ICE NY cocoa (CCK23 ) on Wednesday closed down -21 (-0.72%), and May ICE London cocoa #7 (CAK23 ) closed down -20 (-0.93%). Cocoa prices Wednesday posted moderate losses as a stronger dollar sparked long liquidation pressure in cocoa futures. On Monday, NY cocoa posted a 2-1/4 year nearest-futures...

Barchart · Mar 29, 2023

Cocoa Prices Consolidate Below Monday's Highs

May ICE NY cocoa (CCK23 ) on Tuesday closed down -1 (-0.03%), and May ICE London cocoa #7 (CAK23 ) closed down -1 (-0.05%). Cocoa prices Tuesday closed slightly lower as prices consolidated Monday's rally when NY cocoa posted a 2-1/4 year nearest-futures high and London cocoa posted a 3-1/2...

Barchart · Mar 28, 2023

Cocoa Prices Underpinned by Smaller Ivory Coast Cocoa Exports

May ICE NY cocoa (CCK23 ) on Monday closed up +18 (+0.62%), and May ICE London cocoa #7 (CAK23 ) closed up +6 (+0.28%). Cocoa prices Friday closed moderately higher, with NY cocoa posting a 2-1/4 year nearest-futures high and London cocoa posting a 3-1/2 month high. Reduced cocoa supplies...

Barchart · Mar 27, 2023