Cocoa Prices Sharply Higher on Expectations of Commodity Index Buying

Written on 01/08/2026
Rich Asplund

March ICE NY cocoa (CCH26 ) on Thursday closed up +162 (+2.74%). March ICE London cocoa #7 (CAH26 ) closed up +109 (+2.56%). Cocoa prices rallied sharply on Thursday to 1-week highs, rebounding from Wednesday's 1-month lows. Expectations of index-related buying of cocoa futures to rebalance commodity indexes propelled cocoa...Bar of chocolate by Karandaev via iStock