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The Latest Breaking News from Ivory Coast

Cocoa Prices Slump on Demand Concerns and Ghana 2024/25 Cocoa Production Optimism

July ICE NY cocoa (CCN24 ) today is down -532 (-5.17%), and July ICE London cocoa #7 (CAN24 ) is down -418 (-4.73%). Cocoa prices today are falling sharply for a second session. Cocoa is under pressure because of concerns that Q2 global cocoa demand reports being released early next...

Barchart

I.Coast Relies On Livestock From Crisis-hit Sahel For Eid

At a muddy market in a city district in Ivory Coast, hundreds of animals are lined up to be sacrificed for this Sunday's Muslim festival of Eid.

International Business Times

Ukraine seeks path to a ‘just peace’ at Swiss summit

President Volodymyr Zelensky said he hoped to find paths to a "just peace" as soon as possible, as a first international summit on pathways to end Russia's war in Ukraine opened Saturday.

France 24

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World leaders to meet at Swiss resort on possible Ukraine peace roadmap. Russia is notably absent

The presidents of Ecuador, Ivory Coast, Kenya and Somalia will join many Western heads of state and government and other leaders at a conference this weekend aimed to plot out first steps toward peace in Ukraine – with Russia notably absent

The Independent UK

Cocoa Prices Finish Sharply Lower as Dollar Strength Sparks Long Liquidation

July ICE NY cocoa (CCN24 ) on Friday closed down -516 (-4.77%), and July ICE London cocoa #7 (CAN24 ) closed down -198 (-2.19%). Cocoa prices Friday finished sharply lower. After the dollar index (DXY00 ) rallied to a 6-week high Friday, long liquidation emerged in cocoa futures. Also, heightened...

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Cocoa Prices Sink as Dollar Strength Sparks Long Liquidation

July ICE NY cocoa (CCN24 ) today is down -527 (-4.88%), and July ICE London cocoa #7 (CAN24 ) is down -218 (-2.41%). Cocoa prices today are sharply lower. Long liquidation emerged in cocoa futures today after the dollar index (DXY00 ) rallied to a 5-week high. Also, heightened political...

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Cocoa Prices Push Higher as Global Cocoa Shortage Lingers

July ICE NY cocoa (CCN24 ) on Thursday closed up +271 (+2.57%), and July ICE London cocoa #7 (CAN24 ) closed up +376 (+4.34%). Cocoa prices Thursday extended this week's rally and posted 1-1/2 month highs. Concerns that the global cocoa shortage will persist are underpinning prices. Reuters reported Wednesday...

Barchart

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Cocoa Prices Underpinned by Concern Global Cocoa Shortage to Persist

July ICE NY cocoa (CCN24 ) today is up +243 (+2.31%), and July ICE London cocoa #7 (CAN24 ) is up +364 (+4.20%). Cocoa prices today extended this week's rally and posted 1-1/2 month highs. Concerns that the global cocoa shortage will persist are underpinning prices. Reuters reported Wednesday that...

Barchart

Cocoa Prices Settle Sharply Higher on Fears of a Prolonged Supply Shortage

July ICE NY cocoa (CCN24 ) on Wednesday closed up +629 (+6.35%), and July ICE London cocoa #7 (CAN24 ) closed up +546 (+6.73%). Cocoa prices rallied sharply on Wednesday to 6-week highs. Cocoa prices surged on concern about a prolonged shortage of cocoa supplies after Reuters reported Wednesday that...

Barchart

Cocoa Prices Surge on Fears of a Prolonged Supply Shortage

July ICE NY cocoa (CCN24) today is up +662 (+6.68%), and July ICE London cocoa #7 (CAN24) is up +556 (+6.85%). Cocoa prices today rallied sharply to 6-week highs. Cocoa prices are sharply higher on concern about a prolonged shortage of cocoa supplies after Reuters reported today that Ghana is...

Barchart

Cocoa Prices Finish Higher on Global Supply Woes

July ICE NY cocoa (CCN24 ) on Tuesday closed up +223 (+2.30%), and July ICE London cocoa #7 (CAN24 ) closed up +178 (+2.24%). Cocoa prices Tuesday settled moderately higher, with London cocoa posting a 5-week high and NY cocoa trading just below last Friday's 5-week high. Cocoa has support...

Barchart

Cocoa Prices Push Higher on Global Supply Woes

July ICE NY cocoa (CCN24 ) today is up +301 (+3.11%), and July ICE London cocoa #7 (CAN24 ) is up +185 (+2.33%). Cocoa prices today are sharply higher, with London cocoa posting a 5-week high and NY cocoa trading just below last Friday's 5-week high. Cocoa has support on...

Barchart

Cocoa Prices Pressured by a Stronger Dollar

July ICE NY cocoa (CCN24 ) on Monday closed down -246 (-2.48%), and July ICE London cocoa #7 (CAN24 ) closed down -54 (-0.68%). Cocoa prices Monday posted moderate losses. Monday's rally in the dollar index (DXY00 ) to a 3-1/2 week high pressured most commodity prices, including cocoa. Last...

Barchart

Cocoa Prices Undercut by a Stronger Dollar

July ICE NY cocoa (CCN24 ) today is down -337 (-3.39%), and July ICE London cocoa #7 (CAN24 ) is down -144 (-1.80%). Cocoa prices today are moderately lower. Today's rally in the dollar index to a 3-1/2 week high is pressuring most commodity prices, including cocoa. Last Friday, cocoa...

Barchart

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Cocoa Prices Post Moderate Gains on Restrictions of Ivory Coast Cocoa Sales

July ICE NY cocoa (CCN24 ) Friday closed up +61 (+0.62%), and July ICE London cocoa #7 (CAN24 ) closed up +130 (+1.65%). Cocoa prices Friday extended this week's sharp rally to 5-week highs on concern that tight global cocoa supplies will persist in the medium term. Restrictions of Ivory...

Barchart

Cocoa Prices Supported by the Outlook for Tight Global Supplies

July ICE NY cocoa (CCN24 ) today is up +88 (+0.89%), and July ICE London cocoa #7 (CAN24 ) is up +88 (+1.12%). Cocoa prices today extended Thursday's sharp rally to 5-week highs on concern that tight global cocoa supplies will persist in the medium term. Lower cocoa production in...

International Business Times

Ivory Coast Bets On Solar In Clean Energy Drive

The sun beats down from a cloudless sky on the town of Boundiali, where Ivory Coast's first solar power plant embodies the drive to embrace clean energy without abandoning fossil fuels.

Barchart

Cocoa Prices End Sharply Higher as the Global Cocoa Deficit Widens

July ICE NY cocoa (CCN24 ) on Thursday closed up +464 (+4.93%), and July ICE London cocoa #7 (CAN24 ) closed up +261 (+3.44%). Cocoa prices closed sharply higher on Thursday due to concern that tight global cocoa supplies will persist in the medium term after the International Cocoa Organization...

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Cocoa Prices Jump on the Outlook for Global Cocoa Deficits to Persist

July ICE NY cocoa (CCN24 ) today is up +566 (+6.02%), and July ICE London cocoa #7 (CAN24 ) is up +255 (+3.360%). Cocoa prices today are sharply higher on concerns that tight global cocoa supplies will persist in the medium-term after the International Cocoa Organization (ICCO) raised its 2023/24...

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Cocoa Prices Slip on Dollar Strength

July ICE NY cocoa (CCN24 ) on Wednesday closed down -149 (-1.56%), and July ICE London cocoa #7 (CAN24 ) closed down -41 (-0.54%). Cocoa prices closed moderately lower on Wednesday as a stronger dollar weighed on most commodities, including cocoa. Also, cocoa prices saw some long liquidation pressure after...

Barchart

Cocoa Prices Lower on Stronger Dollar

July ICE NY cocoa (CCN24 ) today is down -53 (-0.55%), and July ICE London cocoa #7 (CAN24 ) is down -41 (-0.54%). Cocoa prices today are moderately lower as a stronger dollar weighed on most commodities, including cocoa. Also, cocoa prices are seeing some fatigue on a lack of...

Barchart

Cocoa Prices Consolidate Recent Rally

July ICE NY cocoa (CCN24 ) Tuesday closed down -218 (-2.23%), and July ICE London cocoa #7 (CAN24 ) closed down -25 (-0.33%). Cocoa prices on Tuesday posted moderate losses as they consolidated and corrected lower after rallying by more than +15% over the past week. On Monday, NY cocoa...

Barchart

Cocoa Corrects Lower After the Recent Jump in Prices

July ICE NY cocoa (CCN24 ) today is down -290 (-2.97%), and July ICE London cocoa #7 (CAN24 ) is down -61 (-0.80%). Cocoa prices today are posting moderate losses as they correct lower and consolidate after rallying by more than +15% over the past week. On Monday, NY cocoa...

Barchart

Cocoa Prices Close Sharply Higher as Global Cocoa Supply Outlook Worsens

July ICE NY cocoa (CCN24 ) on Monday closed up +444 (+4.76%), and July ICE London cocoa #7 (CAN24 ) closed up +220 (+2.96%). Cocoa prices rallied sharply on Monday, with NY cocoa posting a 5-week high and London cocoa posting a 4-week high. Lower cocoa production in the Ivory...

Barchart

Cocoa Prices Jump as Global Cocoa Deficit Widens

July ICE NY cocoa (CCN24 ) today is up +301 (+3.23%), and July ICE London cocoa #7 (CAN24 ) is up +220 (+2.96%). Cocoa prices today are sharply higher, with NY cocoa posting a 5-week high and London cocoa posting a 4-week high. Lower cocoa production in the Ivory Coast,...

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