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Barchart

Rich Asplund

THE TRUTH ABOUT: Cocoa prices consolidate near recent highs - The Untold Story

Ice London NY ICCO Ghana

Dec ICE NY cocoa (CCZ23) on Wednesday closed +6 (+0.16%), and Dec ICE London cocoa #7 (CAZ23) closed +25 (+0.76%).

Cocoa prices Wednesday posted moderate gains as they consolidated this week's rally. On Monday, NY cocoa posted a 6-week nearest-futures high, and London cocoa climbed to a new all-time high on signs of tight global cocoa supplies.

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