July ICE NY cocoa (CCN26 ) on Thursday closed up +292 (+7.06%), and July ICE London cocoa #7 (CAN26 ) closed up +189 (+6.09%). Cocoa prices on Thursday extended this week's sharp rally, with NY cocoa posting a 3-month high and London cocoa posting a 3.5-month high. Cocoa prices surged...Dry cracked soil with El Niño text by Vaclav Volrab via Shutterstock
Cocoa Prices Surge on El Niño Fears
Written on 05/07/2026