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Cocoa Prices Soar on West African Weather Woes

Commodities & Energy

Rich Asplund

·

May 16, 2025

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Barchart

July ICE NY cocoa (CCN25 ) Friday closed up +641 (+6.25%), and July ICE London cocoa #7 (CAN25 ) closed up +385 (+5.24%). Cocoa prices soared Friday, with NY cocoa posting a 3-1/4 month nearest-futures high and London cocoa posting a 3-month high. Weather concerns in West Africa are the...

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