El Niño Fears Boost Cocoa Prices

Written on 05/11/2026
Rich Asplund

July ICE NY cocoa (CCN26 ) today is up +528 (+12.63%), and July ICE London cocoa #7 (CAN26 ) is up +368 (+11.82%). Cocoa prices are soaring today and posted 3.5-month highs on concerns that the formation of an El Niño weather pattern could lead to warmer, drier conditions in...El nino concept by AlexMX via Shutterstock