Fund Short Covering Lifts Cocoa Prices

Written on 05/19/2026
Rich Asplund

July ICE NY cocoa (CCN26 ) today is up +112 (+2.95%), and July ICE London cocoa #7 (CAN26 ) is up +77 (+2.68%). Cocoa prices are sharply higher today on some fund short covering, following the -6% plunge in prices over the past three sessions. Since posting 3.75-month highs last...Bar of chocolate by Karandaev via iStock