December ICE NY cocoa (CCZ25 ) on Thursday closed up +165 (+3.34%), and December ICE London cocoa #7 (CAZ25 ) closed up +83 (+2.19%). Cocoa prices rallied sharply on Thursday as a weaker dollar sparked short covering in cocoa futures, which had become heavily oversold following the sharp selloff seen...Chocolate swirls processed cocoa by Jitendrajadhav via iStock
Cocoa Prices Recover as Dollar Weakness Sparks Short Covering
Written on 11/20/2025