Short Covering Lifts Cocoa Prices

Written on 07/21/2026
Rich Asplund

September ICE NY cocoa (CCU26 ) on Tuesday closed up +87 (+1.58%), and September ICE London cocoa #7 (CAU26 ) closed up +76 (+1.86%). Cocoa prices settled higher on Tuesday amid some short covering as they consolidate above last week’s lows. Last Thursday, cocoa prices tumbled to 2-week lows on...Cocoa by Ha11ok via Pixabay