Cocoa Prices Jump on a Weak Outlook for the West African Cocoa Crop
6/5 18:31
July ICE NY cocoa (CCN26 ) on Tuesday closed up +191 (+4.92%), and July ICE London cocoa #7 (CAN26 ) closed up +3.80 (+14.14%). Cocoa prices rallied sharply on Tuesday and posted 2.75-month highs. Early surveys of the 2026/27 West African cocoa crop indicate below-average cherelle formation on cocoa trees,......