Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

INSANE: Cocoa prices rise as chocolate demand improves | Rare Historical Photos

December ICE NY cocoa (CCZ26) closed up +96 (+1.67%) on Thursday, and December ICE London cocoa #7 (CAZ26) closed up +45 (+1.04%).

Cocoa prices settled higher on Thursday amid signs of stronger global cocoa demand. The Cocoa Association of Asia reported Thursday that Q3 Asian cocoa grindings rose by a record +29% y/y to 233,767 MT, well above expectations of +15% y/y. The European Cocoa Association also reported that Q3 European cocoa grindings unexpectedly rose +3.2% to 348,215 MT, versus expectations of a -3.9% y/y decline.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.