Cocoa Prices Surge on West African Crop Concerns

Written on 06/25/2026
Rich Asplund

September ICE NY cocoa (CCU26 ) on Thursday closed up +274 (+5.51%), and July ICE London cocoa #7 (CAN26 ) closed up +173 (+4.63%). Cocoa prices extended their two-week-long rally on Thursday, surging to 5.5-month highs. Concerns about the upcoming West African cocoa crop are pushing prices sharply higher. Heavy...Cocoa by Ha11ok via Pixabay