The Latest Breaking News from Ivory Coast

Cocoa Prices Retreat as Overbought Conditions Spark Long Liquidation Pressure

May ICE NY cocoa (CCK24 ) this morning is down -437 (-4.39%), and May ICE London cocoa #7 (CAK24 ) is down -517 (-6.17%). Cocoa prices this morning are sharply lower, with NY and London cocoa falling to 1-week lows. The recent parabolic rally in cocoa has caused prices to...

Barchart · Apr 3, 2024

Cocoa Prices Finish Mixed After Posting New All-Time Highs

May ICE NY cocoa (CCK24 ) on Tuesday closed down -171 (-1.69%), and May ICE London cocoa #7 (CAK24 ) closed up +108 (+1.30%). Cocoa prices on Tuesday settled mixed. NY cocoa and London cocoa posted new all-time highs Tuesday on continued concern about shrinking global cocoa supplies, but some...

Barchart · Apr 2, 2024

Cocoa Prices Mixed After Posting New All-Time Highs

May ICE NY cocoa (CCK24 ) this morning is down -199 (-1.97%), and May ICE London cocoa #7 (CAK24 ) is up +81 (+0.98%). Cocoa prices this morning are mixed, although NY and London cocoa posted new all-time highs. Concern about shrinking global cocoa supplies continues to push prices to...

Barchart · Apr 2, 2024

Cocoa Prices Consolidate Below Tuesday's Record Highs

May ICE NY cocoa (CCK24 ) this morning is down -112 (-1.14%), and May ICE London cocoa #7 (CAK24 ) is up +35 (+0.43%). Cocoa prices this morning are mixed as prices consolidate below Tuesday's all-time highs. Today’s rally in the dollar index to a 6-week high fueled some long...

Barchart · Mar 28, 2024

Cocoa Prices Consolidate Below Tuesday's Record Highs

May ICE NY cocoa (CCK24 ) on Wednesday closed up +221 (+2.30%), and May ICE London cocoa #7 (CAK24 ) closed down -3 (-0.04%). Cocoa prices on Wednesday settled mixed. Prices consolidated below Tuesday's all-time highs as a stronger dollar induced profit-taking in cocoa futures. Because of limited supplies, global...

Barchart · Mar 27, 2024

Cocoa Prices Retreat on Profit-Taking

May ICE NY cocoa (CCK24 ) this morning is down -151 (-1.57%), and May ICE London cocoa #7 (CAK24 ) is down -240 (-2.92%). Cocoa prices this morning are moderately lower as a stronger dollar today induced profit-taking in cocoa futures. Cocoa prices have been on a tear, and record...

Barchart · Mar 27, 2024

Cocoa Falls Back From Record Highs as Dollar Strength Spurs Long Liquidation

May ICE NY cocoa (CCK24 ) on Tuesday closed down -27 (-0.28%), and May ICE London cocoa #7 (CAK24 ) closed up +18 (+0.22%). Cocoa prices on Tuesday settled mixed. Prices on Tuesday initially extended their parabolic rally, with NY cocoa and London cocoa posting new all-time highs. However, cocoa...

Barchart · Mar 26, 2024

Cocoa Prices Rally to New Record Highs on Shrinking Global Supplies

May ICE NY cocoa (CCK24 ) this morning is up +60 (+0.62%), and May ICE London cocoa #7 (CAK24 ) is up +137 (+1.67%). Cocoa prices extended their parabolic rally today, with NY cocoa and London cocoa posting new all-time highs. Cocoa prices fell back from their best levels as...

Barchart · Mar 26, 2024

Cocoa Prices Catapult to Record Highs as Ghana's Cocoa Output Expected to Plunge

May ICE NY cocoa (CCK24 ) on Monday closed up +710 (+7.94%), and May ICE London cocoa #7 (CAK24 ) closed up +732 (+9.81%). Cocoa's parabolic rally continued Monday, with NY cocoa and London cocoa posting new all-time highs and closing sharply higher as global supply concerns persist. A slump...

Barchart · Mar 25, 2024

Cocoa Prices Surge as Ghana's Cocoa Output Expected to Plunge

May ICE NY cocoa (CCK24 ) this morning is up +484 (+5.43%), and May ICE London cocoa #7 (CAK24 ) is up +587 (+7.87%). Cocoa's parabolic rally continued today, with NY cocoa and London cocoa posting new all-time highs as global supply concerns persist. A slump in cocoa production in...

Barchart · Mar 25, 2024