December ICE NY cocoa (CCZ26 ) closed up +165 (+3.48%) on Wednesday, and ICE London cocoa #7 (CAZ26 ) closed up +125 (+3.44%). Cocoa prices settled sharply higher on Wednesday as short covering emerged in cocoa futures on reports of heavy rains in the Ivory Coast that damaged roads and...Bar of chocolate by Karandaev via iStock
Cocoa Prices Push Higher on Short Covering
Written on 11/11/2026