July ICE NY cocoa (CCN26 ) on Monday closed up +527 (+12.60%), and July ICE London cocoa #7 (CAN26 ) closed up +370 (+11.88%). Cocoa prices soared to 3.5-month highs on Monday and settled sharply higher amid concerns that the formation of an El Niño weather pattern could lead to...Bar of chocolate by Karandaev via iStock
Cocoa Prices Soar on Crop Fears
Written on 05/11/2026