Cocoa Tops $11,000 on Ivory Coast’s Crop Concerns
Cocoa futures topped $11,0000 as traders monitored crop conditions in Ghana and the Ivory Coast’s key growing areas. A strengthening US dollar capped the agricultural…
Posts Tagged: Ivory Coast
Cocoa Tops $8,500 on EU Deforestation Rules, Shrinking Global Supplies
Cocoa futures stayed above $8,500 per metric ton to finish the trading week as further supply concerns supported the agricultural commodity’s spike. Despite cocoa stalling…
Cocoa Halts Rally on US Dollar Strength, Heavy Rainfall in Ivory Coast
Cocoa futures slumped in the middle of the trading week as they erased their gains from recent sessions. Investors were trying to make sense of…
Cocoa Little Changed As Traders Monitor Beneficial Growing Conditions in West Africa
Cocoa futures struggled to break $8,000 in the middle of the trading week as good weather conditions in West Africa weighed on prices. The agricultural…
Cocoa Prices Eye $10,000 Again on Growing Market Tightness
Cocoa futures eyed $10,000 per metric ton on Tuesday as market tightness continued to support the agricultural commodity. The ascent in cocoa prices had stalled…
Cocoa Tanks 9% on Profit-Taking; Market Analysts Still Bullish on Fundamentals
Cocoa futures tanked to around $9,000 to start the trading week. Cocoa prices are coming off a weekly gain as traders took profits. However, the…
Cocoa Surges to One-Month High of $9,000 on Disappointing Ivory Coast Output Levels
Cocoa futures soared above $9,000 for the first time this month, fueled by abysmal production data coming out of the Ivory Coast. After a meteoric…
Cocoa Seesaws on Higher Nigeria Exports; ICE Refuses Request for Price Limits
Cocoa futures seesawed on Friday, but the top-performing asset in global financial markets will record its first weekly loss since late last year. Cocoa prices…