The Latest Breaking News from Ivory Coast

Cocoa Rallies on West African Weather Concerns

September ICE NY cocoa (CCU24 ) on Monday closed up +536 (+6.21%), and September ICE London cocoa #7 (CAU24 ) closed up +23 (+0.36%). Cocoa prices rallied Monday, with NY cocoa up sharply at a 2-month high due to concern that dry weather in West Africa could curb the region's...

Barchart · Aug 19, 2024

NY Cocoa Surges on West African Weather Concerns

September ICE NY cocoa (CCU24 ) today is up +488 (+5.65%), and September ICE London cocoa #7 (CAU24 ) is down -24 (-0.38%). Cocoa prices today are mixed, with NY cocoa up sharply at a 2-month high on concern that dry weather in West Africa could curb the region's cocoa...

Barchart · Aug 19, 2024

Cocoa Sees Support from Dollar Weakness

September ICE NY cocoa (CCU24 ) on Friday closed up +152 (+1.79%), and September ICE London cocoa #7 (CAU24 ) closed up +17 (+0.27%). Cocoa prices settled higher on Friday, as a weaker dollar sparked short covering in cocoa futures after Thursday's sharp decline. However, Friday's rally in the British...

Barchart · Aug 16, 2024

Cocoa Prices Weaken on West African Cocoa Crop Optimism

September ICE NY cocoa (CCU24 ) today is down -44 (-0.50%), and September ICE London cocoa #7 (CAU24 ) is down -66 (-1.02%). Cocoa prices today are moderately lower as the outlook for the next cocoa season in West Africa has improved. The end of the El Nino weather pattern...

Barchart · Aug 14, 2024

Cocoa Prices Close Higher as Dollar Weakness Sparks Short Covering

September ICE NY cocoa (CCU24 ) on Tuesday closed up +131 (+1.50%), and September ICE London cocoa #7 (CAU24 ) closed up +10 (+0.15%). Cocoa prices Tuesday moved higher as a slide in the dollar index (DXY00) to a 1-week low sparked some short covering in cocoa futures. However, a...

Barchart · Aug 13, 2024

Dollar Weakness Boosts Cocoa Prices

September ICE NY cocoa (CCU24 ) today is up +194 (+2.22%), and September ICE London cocoa #7 (CAU24) is up +16 (+0.25%). Cocoa prices today are moving higher as a weaker dollar sparked some short covering in cocoa futures. However, a rally in the British pound (^GBPUSD ) to a...

Barchart · Aug 13, 2024

Cocoa Prices Close Sharply Lower on West African Cocoa Crop Optimism

September ICE NY cocoa (CCU24 ) on Monday closed down -367 (-4.03%), and September ICE London cocoa #7 (CAU24 ) closed down -219 (-3.27%). Cocoa prices Monday sold off sharply on optimism that West African cocoa production will recover despite recent below-average precipitation. Farmers in the Ivory Coast report that...

Barchart · Aug 12, 2024

Cocoa Prices Tumble on West African Cocoa Crop Optimism

September ICE NY cocoa (CCU24 ) today is down -359 (-3.95%), and September ICE London cocoa #7 (CAU24 ) is down -191 (-2.85%). Cocoa prices today are retreating on optimism that West African cocoa production will recover despite recent below-average precipitation. Farmers in the Ivory Coast report that cocoa crops...

Barchart · Aug 12, 2024

Cocoa Prices Soar Due to Insufficient Rain in West Africa

September ICE NY cocoa (CCU24 ) on Friday closed up +920 (+11.25%), and September ICE London cocoa #7 (CAU24 ) closed up +346 (+5.45%). Cocoa prices on Friday soared, with NY cocoa posting a 7-week high on concern that dry weather in West Africa could curb the region's cocoa production....

Barchart · Aug 9, 2024

Cocoa Prices Surge on Dry Weather Concerns in West Africa

September ICE NY cocoa (CCU24 ) today is up +929 (+11.36%), and September ICE London cocoa #7 (CAU24 ) is up +340 (+5.36%). Cocoa prices today are sharply higher, with NY cocoa posting a 7-week high on concern dry weather in West Africa could curb the region's cocoa production. Forecaster...

Barchart · Aug 9, 2024