Cocoa Prices Underpinned by Smaller Cocoa Output in the Ivory Coast

Written on 09/17/2024
Rich Asplund

December ICE NY cocoa (CCZ24 ) today is up +99 (+1.30%), and December ICE London cocoa #7 (CAZ24 ) is up +64 (+1.20%). Cocoa prices today recovered from early losses and are moderately higher. Lower cocoa production in the Ivory Coast, the world's largest producer, is bullish for cocoa prices....Cocoa - Cocoa by Ha11ok via Pixabay