May ICE NY cocoa (CCK26 ) today is up +68 (+2.15%), and May ICE London cocoa #7 (CAK26 ) is up +49 (+2.07%). Cocoa prices are moving higher today as a weak dollar ($DXY ) has prompted short covering in cocoa futures. An excessively short position by funds in London...Chocolate swirls processed cocoa by Jitendrajadhav via iStock
Dollar Weakness Spurs Short Covering in Cocoa Futures
Written on 04/10/2026