Cocoa Prices Slip as Overbought Conditions Spur Technical Selling

Written on 08/04/2026
Rich Asplund

September ICE NY cocoa (CCU26 ) today is down -22 (-0.37%), and September ICE London cocoa #7 (CAU26 ) is down -40 (-0.93%). Cocoa prices fell from 2.5-week highs today and turned lower on technical selling. Cocoa prices have surged more than +15% over the past three trading sessions, lifting...Chocolate swirls processed cocoa by Jitendrajadhav via iStock