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Barchart
Barchart
Rich Asplund

RARE PHOTOS: Cocoa prices settle higher on tighter ice cocoa inventories - The Real Truth

Ice Ghana ICCO NY United States

December ICE NY cocoa (CCZ24) Wednesday closed up +194 (+2.55%), and December ICE London cocoa #7 (CAZ24) closed up +115 (+2.18%).

Cocoa prices posted moderate gains on Wednesday as cocoa inventories continue to shrink.  ICE-monitored cocoa inventories held in US ports have been trending lower for the past 15 months and fell to a 15-year low Wednesday of 2,249,161 bags.

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