News
9h
Barchart on MSNCocoa Prices Surge as Ivory Coast Cocoa Exports SlowTuesday closed up +500 (+5.68%), and May ICE London cocoa #7 (CAK25) closed up +375 (+6.16%). Cocoa prices on Tuesday rallied sharply and posted 2-week highs. Recent Ivory Coast cocoa exports have ...
1d
Al Jazeera on MSNBitter truth: Why has chocolate become so expensive?High temperatures, ageing trees and disease have lowered cocoa supplies and raised prices. Cocoa prices surged almost 300 ...
Buyers of cocoa, generally regarded as an “inelastic” commodity, are undeterred when their cost per metric tonne rises.
1d
Barchart on MSNResilient Global Cocoa Demand Pushes Cocoa Prices HigherICE NY cocoa Monday closed up +445 (+5.32%), and May ICE London cocoa #7 did not trade with markets in London closed for the Easter Monday holiday. May NY cocoa rallied sharpl ...
On February 28, the International Cocoa Organization (ICCO) forecasted a global cocoa surplus of 142,000 MT for 2024/25, the first surplus in 4 years. ICCO also projected that 2024/25 global ...
Despite the expected rebound in cocoa output in West Africa, concerns about adverse weather conditions in the region could deter the easing of global prices. BMI, a unit of Fitch Solutions, revised ...
12h
Barchart on MSNSlowing Ivory Coast Cocoa Exports Support PricesICE NY cocoa (CCK25) today is up +510 (+5.79%), and May ICE London cocoa #7 (CAK25) is up +340 (+5.59%). Cocoa prices today ...
Indeed, the International Cocoa Organization in February forecast a global cocoa surplus of 142,000 megatonnes for 2024-25, the first surplus in four years. That partly explains the recent fall in ...
Cocoa has long provided a lifeline in Ivory Coast but adverse weather and plant diseases have hurt harvests in recent years.
On February 28, the International Cocoa Organization (ICCO) forecasted a global cocoa surplus of 142,000 MT for 2024/25, the first surplus in 4 years. ICCO also projected that 2024/25 global ...
1d
Barchart on MSNBetter-Than-Expected Global Cocoa Demand Supports PricesICE NY cocoa (CCK25) today is up +402 (+4.81%), and May ICE London cocoa #7 (CAK25) is not trading with markets in London ...
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