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EXPLAINED: 31 - The Real Truth

Shrinking ICE Inventories Give Cocoa Prices a Boost

September ICE NY cocoa (CCU24 ) today is up +418 (+5.75%), and July ICE London cocoa #7 (CAN24 ) is up +332 (+4.64%). Cocoa prices today are sharply higher, recovering most of Thursday's sharp losses. The price movement in cocoa remains highly volatile, and little news can move prices dramatically....

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Cocoa Prices Settle Sharply Lower on Beneficial Rain in West Africa

September ICE NY cocoa (CCU24 ) on Thursday closed down -517 (-6.64%), and July ICE London cocoa #7 (CAN24 ) closed down -654 (-8.37%). Cocoa prices Thursday sold off sharply, with London cocoa falling to a 4-week low. Favorable weather has moved into West Africa and is undercutting cocoa prices....

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Cocoa Prices Plunge on West African Showers

September ICE NY cocoa (CCU24 ) today is down -560 (-7.19%), and July ICE London cocoa #7 (CAN24 ) is down -804 (-10.29%). Cocoa prices today are sharply lower, with London cocoa falling to a 4-week low. Favorable weather has moved into West Africa and is undercutting cocoa prices. Forecaster...

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Cocoa Prices Under Pressure as Growing Conditions Improve in West Africa

September ICE NY cocoa (CCU24 ) on Wednesday closed down -58 (-0.74%), and July ICE London cocoa #7 (CAN24 ) closed up +3 (+0.04%). Cocoa prices Wednesday settled mixed. Cocoa is under pressure from reports of beneficial growing weather in the Ivory Coast and Ghana that should boost cocoa production....

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Cocoa Prices Slide on Favorable Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -42 (-0.54%), and July ICE London cocoa #7 (CAN24 ) is up +39 (+0.50%). Cocoa prices today are mixed. Cocoa is under pressure from reports of beneficial growing weather in the Ivory Coast and Ghana that should boost cocoa production. However,...

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NY Cocoa Falls on Ideal Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) on Tuesday closed down -72 (-0.91%), and July ICE London cocoa #7 (CAN24 ) closed up +138 (+1.80%). Cocoa prices Tuesday settled mixed, with NY cocoa posting a 1-month low. Cocoa prices are being undercut by reports of beneficial growing weather in the Ivory...

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Cocoa Prices Pressured by Ideal Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -76 (-0.96%), and July ICE London cocoa #7 (CAN24 ) is up +142 (+1.85%). Cocoa prices today are mixed, with NY cocoa posting a 1-month low. Cocoa prices are being undercut by reports of beneficial growing weather in the Ivory Coast...

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Ghana's Cocoa Farmers Turn To Smuggling As Currency Falls

Ghanaian cocoa farmer Isaac Antwi says he has to smuggle his beans to Ivory Coast to sell them at a decent profit even as international prices for the commodity recently surged.

International Business Times

Cocoa Prices Settle Sharply Lower on Beneficial Weather in West Africa

September ICE NY cocoa (CCU24 ) on Monday closed down -985 (-11.06%), and July ICE London cocoa #7 (CAN24 ) closed down -638 (-7.68%). Cocoa prices Monday sold off sharply, with NY cocoa sinking to a 1-month low and London cocoa falling to a 2-1/2 week low. Reports of beneficial...

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Cocoa Prices Plummet on Beneficial Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -997 (-11.20%), and July ICE London cocoa #7 (CAN24 ) is down -681 (-8.19%). Cocoa prices today have sold off sharply, with NY cocoa sinking to a 1-month low and London cocoa falling to a 2-1/2 week low. Reports of beneficial...

Barchart

Ivory Coast sets up mobile enrollment for a health coverage program criticized over glitches

Ivory Coast health authorities have launched mobile enrollment centers for the country’s universal health coverage program

The Independent UK

NY Cocoa Closes Lower on Chocolate Demand Concerns

July ICE NY cocoa (CCN24 ) on Friday closed down -603 (-6.28%), and July ICE London cocoa #7 (CAN24 ) closed up +96 (+1.17%). Cocoa prices Friday settled mixed, with NY cocoa falling to a 3-week low. Demand concerns are a negative factor for cocoa prices. On Wednesday, chocolate producer...

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NY Cocoa Retreats as Chocolate Demand is Projected to Weaken

July ICE NY cocoa (CCN24 ) today is down -705 (-7.35%), and July ICE London cocoa #7 (CAN24 ) is up +115 (+1.40%). Cocoa prices today are mixed, with NY cocoa falling to a 3-week low. Demand concerns are a negative factor for cocoa prices. On Wednesday, chocolate producer Nestle...

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Cocoa Prices Close Sharply Lower on Demand Concerns

July ICE NY cocoa (CCN24 ) on Thursday closed down -340 (-3.42%), and July ICE London cocoa #7 (CAN24 ) closed down -301 (-3.53%). Cocoa prices closed sharply lower on Thursday due to demand concerns. Chocolate producer Nestle SA said Wednesday that consumers will cut back on chocolate purchases as...

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Cocoa Prices Retreat on Demand Concerns

July ICE NY cocoa (CCN24 ) today is down -340 (-3.42%), and July ICE London cocoa #7 (CAN24 ) is down -301 (-3.53%). Cocoa prices today are sharply lower on demand concerns. Chocolate producer Nestle SA said Wednesday that consumers will cut back on chocolate purchases as the recent historic...

The Independent UK

On This Day in 2012 – Didier Drogba confirms China move will follow Chelsea exit

The Ivory Coast international agreed a two-and-a-half-year deal with Shanghai Shenhua.

Barchart

Cocoa Prices Settle Higher on a Decline in Ivory Coast Cocoa Output

July ICE NY cocoa (CCN24 ) on Tuesday closed up +279 (+2.89%), and July ICE London cocoa #7 (CAN24 ) closed up +65 (+0.77%). Cocoa prices on Tuesday settled moderately higher. Lower cocoa production in the Ivory Coast, the world's largest producer, is a bullish price factor. Government data Tuesday...

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Cocoa Prices Move Higher on Reduced Cocoa Output in the Ivory Coast

July ICE NY cocoa (CCN24 ) today is up +274 (+2.84%), and July ICE London cocoa #7 (CAN24 ) is up +59 (+0.70%). Cocoa prices today are moving higher. Lower cocoa production in the Ivory Coast, the world's largest producer, is a bullish price factor. Government data today showed that...

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Cocoa Finishes Sharply Lower on Demand Concerns and Ghana Production Optimism

July ICE NY cocoa (CCN24 ) on Monday closed down -635 (-6.17%), and July ICE London cocoa #7 (CAN24 ) closed down -418 (-4.73%). Cocoa prices on Monday fell sharply for a second session. Cocoa is under pressure because of concerns that Q2 global cocoa demand reports being released early...

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Cocoa Prices Slump on Demand Concerns and Ghana 2024/25 Cocoa Production Optimism

July ICE NY cocoa (CCN24 ) today is down -532 (-5.17%), and July ICE London cocoa #7 (CAN24 ) is down -418 (-4.73%). Cocoa prices today are falling sharply for a second session. Cocoa is under pressure because of concerns that Q2 global cocoa demand reports being released early next...

International Business Times

I.Coast Relies On Livestock From Crisis-hit Sahel For Eid

At a muddy market in a city district in Ivory Coast, hundreds of animals are lined up to be sacrificed for this Sunday's Muslim festival of Eid.

France 24

Ukraine seeks path to a ‘just peace’ at Swiss summit

President Volodymyr Zelensky said he hoped to find paths to a "just peace" as soon as possible, as a first international summit on pathways to end Russia's war in Ukraine opened Saturday.

The Independent UK

World leaders to meet at Swiss resort on possible Ukraine peace roadmap. Russia is notably absent

The presidents of Ecuador, Ivory Coast, Kenya and Somalia will join many Western heads of state and government and other leaders at a conference this weekend aimed to plot out first steps toward peace in Ukraine – with Russia notably absent

Barchart

Cocoa Prices Finish Sharply Lower as Dollar Strength Sparks Long Liquidation

July ICE NY cocoa (CCN24 ) on Friday closed down -516 (-4.77%), and July ICE London cocoa #7 (CAN24 ) closed down -198 (-2.19%). Cocoa prices Friday finished sharply lower. After the dollar index (DXY00 ) rallied to a 6-week high Friday, long liquidation emerged in cocoa futures. Also, heightened...

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Cocoa Prices Sink as Dollar Strength Sparks Long Liquidation

July ICE NY cocoa (CCN24 ) today is down -527 (-4.88%), and July ICE London cocoa #7 (CAN24 ) is down -218 (-2.41%). Cocoa prices today are sharply lower. Long liquidation emerged in cocoa futures today after the dollar index (DXY00 ) rallied to a 5-week high. Also, heightened political...

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