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The Latest Breaking News from Ice

Cocoa Plunges as Prices Correct Lower from Record Highs

May ICE NY cocoa (CCK24 ) on Tuesday closed down -582 (-5.21%), and May ICE London cocoa #7 (CAK24 ) closed down -482 (-4.85%). Cocoa prices fell sharply for a second session on Tuesday as the market corrected lower from the recent rally to all-time highs. Cocoa prices have seen...

Arabica Coffee Posts Moderate Losses as ICE-Monitored Inventories Recover

Arabica Coffee Posts Moderate Losses as ICE-Monitored Inventories Recover

July arabica coffee (KCN24 ) on Tuesday closed down -5.80 (-2.55%), and May ICE robusta coffee (RMK24 ) closed up +98 (+2.37%). Coffee prices on Tuesday settled mixed, with Arabica falling to a 1-week low. Arabica coffee prices fell as ICE-monitored arabica coffee inventories Tuesday recovered to an 11-1/4 month...

Cocoa Prices in Correction Mode from Record Highs

Cocoa Prices in Correction Mode from Record Highs

May ICE NY cocoa (CCK24 ) this morning is down -582 (-5.21%), and May ICE London cocoa #7 (CAK24 ) is down -482 (-4.85%). Cocoa prices today are falling sharply for a second session as the market corrects lower from the recent rally to all-time highs. Cocoa prices have seen...

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Arabica Coffee Under Pressure from a Rebound in ICE-Monitored Arabica Inventories

July arabica coffee (KCN24 ) this morning is down -5.90 (-2.59%), and May ICE robusta coffee (RMK24 ) is up +58 (+1.41%). Coffee prices this morning are mixed, with arabica falling to a 1-week low. A rebound in arabica coffee supplies is weighing on arabica prices. ICE-monitored arabica coffee inventories...

Cocoa Posts Sharp Losses on Long Liquidation Pressures

May ICE NY cocoa (CCK24 ) on Monday closed down -712 (-5.99%), and May ICE London cocoa #7 (CAK24 ) closed down -200 (-1.97%). Cocoa prices Monday sold off sharply on heavy long liquidation pressures in cocoa futures. Losses in London cocoa were limited after the British pound (^GBPUSD) fell...

Arabica Coffee Sharply Lower as ICE-Monitored Arabica Inventories Recover

May arabica coffee (KCK24 ) on Monday closed down -9.75 (-4.04%), and May ICE robusta coffee (RMK24 ) closed up +44 (+1.08%). Coffee prices on Monday settled mixed. A rebound in arabica coffee supplies sparked long liquidation pressure Monday in arabica futures. ICE-monitored arabica coffee inventories last Friday recovered to...

Cocoa Prices Retreat on Long Liquidation Pressures

May ICE NY cocoa (CCK24 ) this morning is down -801 (-6.74%), and May ICE London cocoa #7 (CAK24 ) is down -237 (-2.34%). Cocoa prices this morning are sharply lower as a stronger dollar has sparked long liquidation pressures in cocoa futures. Losses in London cocoa are limited after...

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Arabica Coffee Tumbles as ICE-Monitored Arabica Inventories Recover

Arabica Coffee Tumbles as ICE-Monitored Arabica Inventories Recover

May arabica coffee (KCK24 ) this morning is down -7.35 (-3.04%), and May ICE robusta coffee (RMK24 ) is up +33 (+0.81%). Coffee prices this morning are mixed. A rebound in arabica coffee supplies has sparked long liquidation pressure today in arabica futures. ICE-monitored arabica coffee inventories last Friday recovered...

ICE Apprehends Afghan Man On Terror Watchlist

It was previously reported that Afghan national Mohammed Karwan had been released on American soil twice

Democrats' Shift On ICE Abolishment Amid Border Crisis

Democrats' Shift On ICE Abolishment Amid Border Crisis

High-profile Democrats have criticized ICE enforcement practices and called for reimagining the agency, but current focus is on addressing immigration issu...

Cocoa Soars to a New Record High on Resilient Global Cocoa Demand

Cocoa Soars to a New Record High on Resilient Global Cocoa Demand

May ICE NY cocoa (CCK24 ) on Friday closed up +567 (+5.01%), and May ICE London cocoa #7 (CAK24 ) closed up +457 (+4.72%). Cocoa prices settled sharply higher on Friday as they continued their historical rally to new all-time highs. Cocoa prices are soaring on signs that global cocoa...

Coffee Closes Higher on Dollar Weakness

Coffee Closes Higher on Dollar Weakness

May arabica coffee (KCK24 ) on Friday closed up +1.55 (+0.65%), and May ICE robusta coffee (RMK24 ) closed up +2 (+0.05%). Coffee prices posted moderate gains on Friday but remained well below Thursday's significant highs. Dollar weakness Friday prompted short covering in coffee futures. On Thursday, arabica coffee posted...

Cocoa Jumps to a New Record High as Global Cocoa Demand Holds Up

Cocoa Jumps to a New Record High as Global Cocoa Demand Holds Up

May ICE NY cocoa (CCK24 ) this morning is up +564 (+4.99%), and May ICE London cocoa #7 (CAK24 ) is up +456 (+4.71%). Cocoa prices today continued their historical rally to new all-time highs. Cocoa prices are soaring on signs that global cocoa demand remains resilient despite record-high prices....

Coffee Posts Moderate Gains on Dollar Weakness

Coffee Posts Moderate Gains on Dollar Weakness

May arabica coffee (KCK24 ) this morning is up +1.00 (+0.42%), and May ICE robusta coffee (RMK24 ) is up +17 (+0.42%). Coffee prices this morning are moderately higher but well below Thursday's significant highs. Dollar weakness today has prompted short covering in coffee futures. On Thursday, arabica coffee posted...

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‘Unconscionable’: US sends dozens to Haiti on deportation flight

Deportations ‘could be a death sentence’, advocates say, as gang violence and instability grip the Caribbean country.

Cocoa Prices Finish Sharply Higher on Resilient Global Cocoa Demand

May ICE NY cocoa (CCK24 ) on Thursday closed up +971 (+9.39%), and May ICE London cocoa #7 (CAK24 ) closed up +839 (+9.49%). Cocoa prices Thursday catapulted sharply higher to new all-time highs. Cocoa prices surged Thursday on signs that global cocoa demand remains resilient despite record-high prices. The...

Coffee Prices Plunge on Long Liquidation Pressures

May arabica coffee (KCK24 ) on Thursday closed down -8.10 (-3.27%), and May ICE robusta coffee (RMK24 ) closed down -153 (-3.61%). Coffee prices on Thursday gave up an early advance and sold off sharply after a stronger dollar sparked long liquidation in coffee futures following this week's sharp rally....

Cocoa Prices Surge as Global Cocoa Demand Remains Resilient

May ICE NY cocoa (CCK24 ) this morning is up +930 (+8.99%), and May ICE London cocoa #7 (CAK24 ) is up +898 (+10.16%). Cocoa prices this morning catapulted sharply higher to new all-time highs. Cocoa prices surged today on signs that global cocoa demand remains resilient despite record-high prices....

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How High Can Cocoa Rise?

The sky has been the limit for cocoa prices in 2024. Crop devastation has led to the highest price in history. Chocoholics worldwide are paying a pretty penny for their chocolate confectionery fix, and chocolate manufacturers are seeing their cost of goods sold skyrocket.

Cocoa Prices Surge as Global Cocoa Demand Remaina Resilient

May ICE NY cocoa (CCK24 ) this morning is up +930 (+8.99%), and May ICE London cocoa #7 (CAK24 ) is up +898 (+10.16%). Cocoa prices this morning catapulted sharply higher to new all-time highs. Cocoa prices surged today on signs that global cocoa demand remains resilient despite record-high prices....

Coffee Prices Retreat as Long Liquidation Emerges

May arabica coffee (KCK24 ) this morning is down -5.55 (-2.24%), and May ICE robusta coffee (RMK24 ) is down -110 (-2.60%). Coffee prices this morning gave up an early advance and moved lower after a stronger dollar sparked long liquidation in coffee futures following this week's sharp rally. Coffee...

Cocoa Prices Consolidate Below Recent Record Highs

May ICE NY cocoa (CCK24 ) on Wednesday closed up +97 (+0.95%), and May ICE London cocoa #7 (CAK24 ) closed up +195 (+2.26%). Cocoa prices posted moderate gains Wednesday as they consolidated below this week's record highs. Cocoa prices sold off sharply Tuesday on concern about global demand destruction...

Coffee Prices End Sharply Higher on Global Crop Concerns

May arabica coffee (KCK24 ) on Wednesday closed up +11.20 (+4.73%), and May ICE robusta coffee (RMK24 ) closed up +229 (+5.72%). Coffee prices Wednesday rallied sharply, with arabica coffee jumping to a 2-year high and robusta coffee soaring to a new all-time high. Coffee prices have surged over the...

Watch A Tesla Model 3 And Porsche Taycan Drive Down Flooded Streets In Dubai

Dubai saw the heaviest rainfall in 75 years and the only vehicles that could still drive through its flooded streets were EVs.

Illegal Immigrant Arrested In Connection To Fatal Crash

An undocumented immigrant, Elmer Rueda-Linares, involved in a fatal crash in Reno, Nevada, was found to be in the U.S. illegally. The incident claimed the ...

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