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The Latest Breaking News from West Africa

NY Cocoa Recovers Early Losses as ICE Inventories Fall

December ICE NY cocoa (CCZ25 ) on Wednesday closed up +14 (+0.19%), and December ICE London cocoa #7 (CAZ25 ) closed down -6 (-0.12%). Cocoa prices on Wednesday settled mixed. Cocoa has been under pressure over the past two sessions as rain in West Africa has temporarily eased dry conditions...

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Rain Eases Dry Conditions in West Africa and Pressures Cocoa Prices

December ICE NY cocoa (CCZ25 ) today is down -22 (-0.30%), and December ICE London cocoa #7 (CAZ25 ) is down -18 (-0.35%). Cocoa prices extended Tuesday's losses today as rain in West Africa has eased dry conditions and may promote flowering of cocoa trees, which could boost the region's...

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Rain in West Africa Weighs on Cocoa Prices

December ICE NY cocoa (CCZ25 ) on Tuesday closed down -273 (-3.57%), and December ICE London cocoa #7 (CAZ25 ) closed down -109 (-2.09%). Cocoa prices retreated on Tuesday as rains in West Africa eased dry conditions and may promote flowering of cocoa trees and boost the region's cocoa output,...

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Cocoa Prices Retreat as Rains Arrive in West Africa

December ICE NY cocoa (CCZ25 ) today is down -285 (-3.73%), and December ICE London cocoa #7 (CAZ25 ) is down -108 (-2.07%). Cocoa prices are retreating today as rains in West Africa ease dry conditions and may promote flowering of cocoa trees and boost the region's cocoa output, a...

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Cocoa Prices Rally on West African Weather Concerns

December ICE NY cocoa (CCZ25 ) on Monday closed up +224 (+3.02%), and December ICE London cocoa #7 (CAZ25 ) closed up +110 (+2.15%). Cocoa prices rallied sharply on Monday, with NY cocoa posting a 1.5-week high. Weather concerns in West Africa are boosting cocoa prices. Heavy rain in the...

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West African Weather Woes Boost Cocoa Prices

December ICE NY cocoa (CCZ25 ) today is up +214 (+2.88%), and December ICE London cocoa #7 (CAZ25 ) is up +105 (+2.06%). Cocoa prices are sharply higher today, with NY cocoa climbing to a 1.5-week high. Weather concerns in West Africa are boosting cocoa prices. Heavy rain in the...

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Cocoa Prices Fall as the Dollar Strengthens

December ICE NY cocoa (CCZ25 ) on Friday closed down -108 (-1.43%), and December ICE London cocoa #7 (CAZ25 ) closed down -90 (-1.73%). Cocoa prices settled lower on Friday after a stronger dollar (DXY00 ) prompted long liquidation in cocoa futures. Cocoa prices had climbed to 1-week highs on...

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Weather Concerns in West Africa Boost Cocoa Prices

December ICE NY cocoa (CCZ25 ) on Thursday closed up +60 (+0.80%), and December ICE London cocoa #7 (CAZ25 ) closed up +26 (+0.50%). Cocoa prices settled higher Thursday for a second day, supported by weather concerns in West Africa. Heavy rain in the Ivory Coast has kept farmers out...

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Cocoa Prices Supported by Weather Risks in West Africa

December ICE NY cocoa (CCZ25 ) today is up +87 (+1.16%), and December ICE London cocoa #7 (CAZ25 ) is up +15 (+0.29%). Cocoa prices are moving higher today for a second day, supported by weather concerns in West Africa. Heavy rain in the Ivory Coast has kept farmers out...

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Cocoa Prices Climb on Adverse West African Weather

December ICE NY cocoa (CCZ25 ) on Wednesday closed up +73 (+0.99%), and December ICE London cocoa #7 (CAZ25 ) closed up +68 (+1.33%). Cocoa prices moved higher on Wednesday, supported by weather concerns in West Africa. Heavy rain in the Ivory Coast has kept farmers out of cocoa fields...

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West African Weather Woes Support Cocoa Prices

December ICE NY cocoa (CCZ25 ) today is up +65 (+0.88%), and December ICE London cocoa #7 (CAZ25 ) is up +74 (+1.45%). Cocoa prices are climbing today, supported by weather concerns in West Africa. Heavy rain in the Ivory Coast has kept farmers out of cocoa fields and reduced...

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Adverse Weather in West Africa and Tighter Inventories Boost Cocoa Prices

December ICE NY cocoa (CCZ25 ) on Tuesday closed up +160 (+2.21%), and December ICE London cocoa #7 (CAZ25 ) closed up +63 (+1.25%). Cocoa prices recovered from 1.5-month lows on Tuesday and rallied sharply after weather concerns in West Africa sparked short covering in cocoa futures. Heavy rain in...

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Cocoa Prices Rebound on Adverse Weather in West Africa

December ICE NY cocoa (CCZ25 ) today is up +161 (+2.23%), and December ICE London cocoa #7 (CAZ25 ) is up +60 (+1.19%). Cocoa prices recovered from 1.5-month lows today and moved sharply higher after weather concerns in West Africa sparked short covering in cocoa futures. Heavy rain in the...

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Cocoa Prices Slump on the Outlook for Ample Supplies Amid Weak Demand

December ICE NY cocoa (CCZ25 ) on Monday closed down -236 (-3.16%), and December ICE London cocoa #7 (CAZ25 ) closed down -105 (-2.04%). Cocoa prices retreated on Monday and posted 1.5-month lows on expectations of growing supplies amid weakening demand. Cocoa prices have been under pressure over the past...

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Supply Optimism and Weak Demand Pressures Cocoa Prices

December ICE NY cocoa (CCZ25 ) today is down -235 (-3.15%), and December ICE London cocoa #7 (CAZ25 ) is down -108 (-2.10%). Cocoa prices are sharply lower today and posted 1.5-month lows on expectations of growing supplies amid weakening demand. Cocoa prices have been under pressure over the past...

Radio France Internationale

Balkan cartels use West Africa to push cocaine into Europe, report warns

Balkan crime groups are working with Brazilian cartels to turn West Africa into a gateway for Europe’s cocaine market, a new report warns – saying the trade is driving corruption, local drug use and instability across the region.

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Cocoa Prices Stabilize as Dollar Tumbles

December ICE NY cocoa (CCZ25 ) is up +79 (+1.07%), and December ICE London cocoa #7 (CAZ25 ) is up +5 (+0.10%). Dec NY cocoa is trading higher today, recovering a bit after Thursday's plunge of -3.52%. Cocoa prices are seeing some support today from short-covering and today's sharp decline...

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Cocoa Prices Tumble on West African Cocoa Crop Optimism

December ICE NY cocoa (CCZ25 ) today is down -251 (-3.27%), and December ICE London cocoa #7 (CAZ25 ) is down -119 (-2.26%). Cocoa prices are sharply lower today, with London cocoa falling to a 6-week low, after chocolate maker Mondelez International expressed optimism about this year's cocoa crop harvest...

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The Independent UK

At least 70 killed after Canary Island migrant boat capsizes off West Africa

The incident is one of the deadliest in recent years

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Is Cocoa Heading Back to the Recent High?

Cocoa prices surged in a parabolic rally in 2024, reaching a record high of $12,931 per ton. Supply issues in West Africa lit the bullish fuse, propelling cocoa prices above the previous 1977 peak of $5,104 per ton. While cocoa has corrected from its late 2024 high, the price remains…

The Independent UK

Takeaways: Gambia's fishermen are caught in a 'sea war' with foreign vessels

A “sea war” is brewing off the West African nation of Gambia as desperate local fishermen attack foreign commercial fishing vessels, and each other

The Independent UK

A 'sea war' brews off Gambia as desperate local fishermen attack foreign vessels, and each other

A “sea war” is brewing off the West African nation of Gambia as desperate local fishermen attack foreign commercial fishing vessels, and each other

International Business Times

Nigerian Designer Pushes 'Afro-lux' Onto The Global Fashion Scene

Its modern architecture complemented by latticework inspired by local Yoruba textiles, Alara, west Africa's first fashion and design "concept store", is an imposing sight in Lagos, Nigeria's bustling economic capital.

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Drier West African Weather Forecasts and Tighter Inventories Lift Cocoa Prices

December ICE NY cocoa (CCZ25 ) today is up +241 (+3.17%), and September ICE London cocoa #7 (CAU25 ) is up +82 (+1.531%). Cocoa prices are sharply higher today as updated weather forecasts reduced the chances for rain in the Ivory Coast this week. Cocoa prices also have support from...

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Cocoa Rallies on West African Weather Concerns and Tighter ICE Inventories

December ICE NY cocoa (CCZ25 ) on Monday closed up +243 (+3.12%), and September ICE London cocoa #7 (CAU25 ) did not trade as markets in the UK were closed for a bank holiday. Cocoa prices rallied sharply on Monday due to concern that cold and dry weather across West...

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