Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Unlimited Watchlists, Portfolios, Screeners, and other Barchart tools. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or
Cocoa #7 May '23 (CAK23)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/EU]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Cocoa #7 Futures Market News and Commentary

Cocoa Prices Underpinned by Smaller Supplies from the Ivory Coast

May ICE NY cocoa (CCK23) on Thursday closed up +37 (+1.28%), and May ICE London cocoa #7 (CAK23) closed up +9 (+0.42%).

Cocoa prices Thursday recovered from early losses and closed moderately higher, with NY cocoa posting a 2-1/3 year nearest-futures high.  Smaller cocoa supplies from the Ivory Coast sparked fund buying and underpinned cocoa prices.  Monday's government data showed that Ivory Coast farmers sent a cumulative 1.78 MMT of cocoa to Ivory Coast ports for the 2022/23 marketing year (October 1 through March 26), down -3.8% y/y.  The Ivory Coast is the largest cocoa producer in the world.  

Last Friday's monthly report from the International Cocoa Organization (ICCO) was also supportive for prices as the report said cocoa exports from the Ivory Coast fell -9.3% y/y to 530,314 MT between October and January, citing "the detrimental effects of cocoa-related diseases like the Cocoa Swollen Shoot Virus Disease."    

Cocoa prices have support from projections e... Read more

Contract Specifications

See More
Contract
Cocoa #7
Contract Size
10 metric tonnes
Tick Size
GBP 1 per metric tonne (GBP 10.00 per contract)
Trading Hours
9:30a.m. - 4:50p.m. GMT
Exchange
ICE/EU
Point Value
GBP 10
Expiration Date
05/15/23 (46 days)

Seasonal Chart

Cocoa #7 May '23
Average Price Chart for 5 Prior May Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
2,025 +5.19%
on 03/14/23
2,177 -2.16%
on 03/01/23
+1 (+0.05%)
since 02/28/23
3-Month
1,928 +10.48%
on 01/20/23
2,177 -2.16%
on 03/01/23
+131 (+6.55%)
since 12/28/22
52-Week
1,733 +22.91%
on 08/04/22
2,177 -2.16%
on 03/01/23
+364 (+20.61%)
since 03/28/22

More Cocoa #7 Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Cotton Futures Rally on Thursday

Ahead of the Prospective Plantings report the cotton market rallied 56 to 89 points. December futures stayed in a 131 point range for the day. Weekly cotton bookings were reported at 281,281 RBs for the...

CTK23 : 83.50s (+0.89%)
CTN23 : 83.87s (+0.81%)
CTV23 : 84.19s (+1.07%)
Cocoa Prices Underpinned by Smaller Supplies from the Ivory Coast

May ICE NY cocoa (CCK23 ) on Thursday closed up +37 (+1.28%), and May ICE London cocoa #7 (CAK23 ) closed up +9 (+0.42%). Cocoa prices Thursday recovered from early losses and closed moderately higher,...

CCK23 : 2,917s (+1.28%)
CAK23 : 2,130s (+0.42%)
Sugar Prices Soar on the Outlook for Tighter Global Supplies

May NY world sugar #11 (SBK23 ) on Thursday closed up +0.71 (+3.34%), and May London white sugar #5 (SWK23 ) closed up +12.30 (+1.99%). Sugar prices Thursday rallied sharply, with NY sugar posting a 1-month...

SBK23 : 21.96s (+3.34%)
SWK23 : 630.70s (+1.99%)
CLK23 : 74.41 (+0.05%)
^USDBRL : 5.09442 (unch)
Coffee Prices Firm as the Brazilian Real Climbs

May arabica coffee (KCK23 ) on Thursday closed up +0.10 (+0.06%), and May ICE robusta coffee (RMK23 ) closed up +46 (+2.12%). Coffee prices Thursday closed moderately higher. Strength in the Brazilian...

KCK23 : 169.80s (+0.06%)
RMK23 : 2,216s (+2.12%)
^USDBRL : 5.09442 (unch)
Cotton Gaining through Midday

Cotton prices are trading higher through Thursday’s session with the front months more than 130 points off their earlier lows for the day and 44 to 63 points in the black. Weekly cotton bookings were...

CTK23 : 83.50s (+0.89%)
CTN23 : 83.87s (+0.81%)
CTV23 : 84.19s (+1.07%)
Coffee Moderately Higher on Strength in the Brazilian Real

May arabica coffee (KCK23 ) this morning is up +0.45 (+0.27%), and May ICE robusta coffee (RMK23 ) is up +46 (+2.12%). Coffee prices this morning are moderately higher. Strength in the Brazilian real...

KCK23 : 169.80s (+0.06%)
RMK23 : 2,216s (+2.12%)
^USDBRL : 5.09442 (unch)
Cotton Gaining into Day Session

Cotton is trading double digits higher so far for USDA’s Export Sales data. Old crop May and July contracts bounced back from midday losses to close the session 23 to 24 points higher. New crop prices...

CTK23 : 83.50s (+0.89%)
CTN23 : 83.87s (+0.81%)
CTV23 : 84.19s (+1.07%)
Cotton Closes the Midweek Session Mixed

Old crop May and July contracts bounced back from midday losses to close the session 23 to 24 points higher. New crop prices also firmed up for the close, but were still 3 to 13 points in the red. The...

CTK23 : 83.50s (+0.89%)
CTN23 : 83.87s (+0.81%)
CTV23 : 84.19s (+1.07%)
Stronger Dollar Sparks Long Liquidation Pressure in in Cocoa Futures

May ICE NY cocoa (CCK23 ) on Wednesday closed down -21 (-0.72%), and May ICE London cocoa #7 (CAK23 ) closed down -20 (-0.93%). Cocoa prices Wednesday posted moderate losses as a stronger dollar sparked...

CCK23 : 2,917s (+1.28%)
CAK23 : 2,130s (+0.42%)
Sugar Prices Undercut by Dollar Strength and Weakness in Crude

May NY world sugar #11 (SBK23 ) on Wednesday closed down -0.06 (-0.28%), and May London white sugar #5 (SWK23 ) closed up +2.20 (+0.36%). Sugar prices Wednesday settled mixed. A stronger dollar Wednesday...

SBK23 : 21.96s (+3.34%)
SWK23 : 630.70s (+1.99%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Average Signal Strength.

Key Turning Points

3rd Resistance Point 2,200
2nd Resistance Point 2,167
1st Resistance Point 2,149
Last Price 2,130s
1st Support Level 2,098
2nd Support Level 2,065
3rd Support Level 2,047

See More

52-Week High 2,177
Last Price 2,130s
Fibonacci 61.8% 2,007
Fibonacci 50% 1,955
Fibonacci 38.2% 1,903
52-Week Low 1,733

See More

by Barchart
Solutions for Ag Professionals barchart.com/cmdty
Data and Statistics for Coffee and Cotton
Explore Data
cmdtyView Pro for Ag Professionals
Start Free Trial
We help Commodity Professionals make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar