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Tag: Cocoa

Cocoa Prices Slump on Abundant Supplies

July ICE NY cocoa (CCN26 ) today is down -35 (-0.89%), and July ICE London cocoa #7 (CAN26 ) closed down -11 (-0.37%). Today’s sell-off added to last Friday’s -4.29% sell-off in NY cocoa and -3.63% sell-off in London cocoa. Cocoa prices have fallen sharply due to rising inventories…

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West African Cocoa Crop Concerns Boost Prices

March ICE NY cocoa (CCH25 ) Tuesday closed up +386 (+3.45%), and March ICE London cocoa #7 (CAH25 ) closed up +236 (+2.62%). Cocoa prices Tuesday rallied to 2-week highs on crop production concerns in West Africa. Some Ivory Coast and Ghana cocoa farmers have reported that cocoa trees are…

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