Cocoa #7 Mar '13 (CAH13)
Cocoa #7 Futures Market News and Commentary
May ICE NY cocoa (CCK26) on Wednesday closed up +168 (+5.55%), and May ICE London cocoa #7 (CAK26) closed up +61 (+2.62%).
Cocoa prices settled sharply higher on Wednesday as a plunge in the dollar index ($DXY) to a 4-week low sparked short covering in cocoa futures. Â However, gains in London cocoa were muted after the British pound (^GBPUSD) rallied to a 5-week high on Wednesday, undercutting cocoa priced in sterling.
On Tuesday, NY cocoa fell to a 1-month low, and London cocoa dropped to a 1.5-week low. Â An increase in cocoa supplies from the Ivory Coast is bearish for cocoa prices after cumulative data from the Ivory Coast showed that farmers shipped 1.45 MMT of cocoa to ports in the current marketing year (October 1, 2025, through April 4, 2026), up +0.7% from 1.44 MMT in the same period a year ago. Â
Signs of weak chocolate demand are also undercutting cocoa prices. Â According to Bloomberg Intelligence, early estimates for chocolate candy sales this Easter hol... Read more
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Barchart Wed Apr 8, 1:31PM CDT
May NY world sugar #11 (SBK26 ) on Wednesday closed down -0.35 (-2.40%), and May London ICE white sugar #5 (SWK26 ) closed down -6.40 (-1.49%). Sugar prices...
Barchart Wed Apr 8, 1:29PM CDT
May ICE NY cocoa (CCK26 ) on Wednesday closed up +168 (+5.55%), and May ICE London cocoa #7 (CAK26 ) closed up +61 (+2.62%). Cocoa prices settled sharply...
Barchart Wed Apr 8, 1:27PM CDT
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Barchart Wed Apr 8, 12:29PM CDT
Cotton futures are trading with contracts up 32 points in nearby May and other contracts down 2 to 10 points. The US dollar index is $1.042 lower at $98.640....
Barchart Wed Apr 8, 11:25AM CDT
May NY world sugar #11 (SBK26 ) today is down -0.29 (-1.99%), and May London ICE white sugar #5 (SWK26 ) is down -6.40 (-1.49%). Sugar prices extended...
Barchart Wed Apr 8, 6:30PM CDT
The defense major is one of the major players for the US in the Middle East war.
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