The Latest Breaking News from Ivory Coast

Favorable West African Weather Weighs on Cocoa Prices

September ICE NY cocoa (CCU26 ) is down -139 (-2.30%) today, and September ICE London cocoa #7 (CAU26 ) is down -87 (-2.02%). Cocoa prices are under pressure today on reports of exceptional growing conditions in the Ivory Coast and Ghana. The favorable weather has fostered new flowering on cocoa...

Barchart · Aug 18

DR Congo Ebola outbreak spreads to sixth province

In tonight's edition: The Ebola outbreak in the Democratic Republic of Congo is spreading, with the virus now confirmed in a sixth province, raising fresh concerns about new infections and the challenges facing health teams. Meanwhile, the migration crisis between Morocco and Spain continues, as Moroccan authorities step up security…

France 24 · Aug 14

Cocoa Prices Retreat on Beneficial West African Weather

September ICE NY cocoa (CCU26 ) closed down -278 (-4.78%) on Tuesday, and September ICE London cocoa #7 (CAU26 ) closed down -179 (-4.21%). Cocoa prices fell to 1-week lows on Tuesday and settled sharply lower. Cocoa prices retreated on reports of exceptional growing conditions in the Ivory Coast and...

Barchart · Aug 11

Cocoa Prices Slump Amid Weak Demand and Abundant Supplies

September ICE NY cocoa (CCU26 ) on Wednesday closed down -279 (-4.98%), and September ICE London cocoa #7 (CAU26 ) closed down -202 (-4.84%). Cocoa prices plunged to fresh 2-month lows on Wednesday and settled sharply lower amid signs of tepid global cocoa demand and abundant supplies. The European Cocoa...

Barchart · Jul 22

Demand Concerns and Ample Supplies Weigh on Cocoa Prices

September ICE NY cocoa (CCU26 ) today is down -320 (-5.71%), and September ICE London cocoa #7 (CAU26 ) is down -232 (-5.56%). Cocoa prices plunged to fresh 2-month lows today amid signs of tepid global cocoa demand and ample supplies. The European Cocoa Association reported last Thursday that Q2...

Barchart · Jul 22

Short Covering Lifts Cocoa Prices

September ICE NY cocoa (CCU26 ) on Tuesday closed up +87 (+1.58%), and September ICE London cocoa #7 (CAU26 ) closed up +76 (+1.86%). Cocoa prices settled higher on Tuesday amid some short covering as they consolidate above last week’s lows. Last Thursday, cocoa prices tumbled to 2-week lows on...

Barchart · Jul 21

Cocoa Prices Consolidate Above Last Week’s Lows

September ICE NY cocoa (CCU26 ) today is up +90 (+1.63%), and September ICE London cocoa #7 (CAU26 ) is up +74 (+1.81%). Cocoa prices are moving higher today amid some short covering as they consolidate above last week’s lows. Last Thursday, cocoa prices tumbled to 2-week lows on concerns...

Barchart · Jul 21

Cocoa Prices Pressured by Dollar Strength and Rising ICE Inventories

September ICE NY cocoa (CCU26 ) on Monday closed down -13 (-0.23%), and September ICE London cocoa #7 (CAU26 ) closed up +1 (+0.02%). Cocoa prices were under modest pressure on Monday amid a stronger dollar, which weighed on most commodities. Also, rising cocoa inventories are bearish for prices after...

Barchart · Jul 20

Dollar Strength Weighs on Cocoa Prices

September ICE NY cocoa (CCU26 ) is down -14 (-0.25%), and September ICE London cocoa #7 (CAU26 ) is down -1 (-0.02%). Cocoa prices are under slight pressure today amid a stronger dollar, which is weighing on most commodities. settled sharply higher on Friday as short covering emerged after North...

Barchart · Jul 20

Unexpected Strength in North American Cocoa Demand Boosts Prices

September ICE NY cocoa (CCU26 ) on Friday closed up +171 (+3.19%), and September ICE London cocoa #7 (CAU26 ) closed up +118 (+2.97%). Cocoa prices settled sharply higher on Friday as short covering emerged after North American Q2 cocoa grindings unexpectedly increased. The National Confectioners Association reported late Thursday...

Barchart · Jul 17