Cocoa Closes Higher on Cocoa Production Concerns in West Africa

Written on 09/17/2024
Rich Asplund

December ICE NY cocoa (CCZ24 ) Friday closed up +107 (+1.41%), and December ICE London cocoa #7 (CAZ24 ) closed up +50 (+0.94%). Cocoa prices recovered from early losses on Friday and settled moderately higher. Lower cocoa production in the Ivory Coast, the world's largest producer, is bullish for cocoa...Cocoa - Cacao by Allybally4b via Pixabay