Cocoa Prices Climb on Lower Cocoa Output in the Ivory Coast

Written on 09/18/2024
Rich Asplund

December ICE NY cocoa (CCZ24 ) today is up +85 (+1.10%), and December ICE London cocoa #7 (CAZ24 ) is up +31 (+0.58%). Cocoa prices today rose to 2-1/2 week highs and are moderately higher. Lower cocoa production in the Ivory Coast, the world's largest producer, is bullish for cocoa...Cocoa - Hands with cocoa beans by Public Domain via Pixabay