The Latest Breaking News from Ivory Coast

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

Cocoa Finishes With Sharp Gains on Reduced Cocoa Output in the Ivory Coast

September ICE NY cocoa (CCU24 ) on Tuesday closed up +322 (+4.08%), and September ICE London cocoa #7 (CAU24 ) closed up +208 (+3.31%). Cocoa prices Tuesday rose sharply for a second session, with NY cocoa posting a 1-1/2 week high. Lower cocoa production in the Ivory Coast, the world's...

Barchart · Aug 6, 2024

Cocoa Rallies on Reduced Cocoa Output in the Ivory Coast

September ICE NY cocoa (CCU24 ) today is up +272 (+3.44%), and September ICE London cocoa #7 (CAU24 ) is up +158 (+2.51%). Cocoa prices today are sharply higher for a second session, with NY cocoa posting a 1-1/2 week high. Lower cocoa production in the Ivory Coast, the world's...

Barchart · Aug 6, 2024

Cocoa Prices Settle Sharply Higher on Smaller Ivory Coast Cocoa Shipments

September ICE NY cocoa (CCU24 ) on Monday closed up +381 (+5.07%), and September ICE London cocoa #7 (CAU24 ) closed up +260 (+4.32%). Cocoa prices recovered from 1-month lows on Monday and rallied sharply. Short-covering emerged Monday to push cocoa prices sharply higher on lower cocoa production in the...

Barchart · Aug 5, 2024

Cocoa Prices Rebound on Smaller Ivory Coast Cocoa Shipments

September ICE NY cocoa (CCU24 ) today is up +369 (+4.91%), and September ICE London cocoa #7 (CAU24 ) is up +260 (+4.32%). Cocoa prices today recovered from 1-month lows and are sharply higher. Short-covering emerged today to push cocoa prices higher on lower cocoa production in the Ivory Coast,...

Barchart · Aug 5, 2024

Weak Chocolate Demand Weighs on Cocoa Prices

September ICE NY cocoa (CCU24 ) on Friday closed down -42 (-0.56%), and September ICE London cocoa #7 (CAU24 ) closed up +20 (+0.33%). Cocoa prices Friday settled mixed. Cocoa prices Friday extended this week's slide to 1-month lows on global cocoa demand concerns after Hershey, the world's fourth-largest chocolate...

Barchart · Aug 2, 2024

Cocoa Prices Pressured by Demand Concerns

September ICE NY cocoa (CCU24 ) today is down -38 (-0.50%), and September ICE London cocoa #7 (CAU24 ) is up +33 (+0.55%). Cocoa prices today are mixed. Cocoa prices today extended this week's slide to 1-month lows on global cocoa demand concerns after Hershey, the world's fourth-largest chocolate producer,...

Barchart · Aug 2, 2024

Cocoa Prices Plummet as Consumers Cut Chocolate Purchases

September ICE NY cocoa (CCU24 ) on Thursday closed down -530 (-6.55%), and September ICE London cocoa #7 (CAU24 ) closed down -423 (-6.58%). Cocoa prices plummeted Thursday, with NY cocoa posting a 3-week low and London cocoa posting a 4-week low. Global cocoa demand concerns hammered cocoa prices Thursday...

Barchart · Aug 1, 2024