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The Latest Breaking News from West Africa

Cocoa Rallies Sharply Due to Inadequate Rain in West Africa

July ICE NY cocoa (CCN24 ) on Wednesday closed up +529 (+6.03%), and July ICE London cocoa #7 (CAN24 ) closed up +464 (+6.55%). Cocoa prices Wednesday rallied sharply for a second day, with NY cocoa posting a 3-week high and London cocoa posting a 2-week high. Inadequate rain in...

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Cocoa Prices Surge with Inadequate Rain in West Africa

July ICE NY cocoa (CCN24 ) today is up +477 (+5.43%), and July ICE London cocoa #7 (CAN24 ) is up +462 (+6.53%). Cocoa prices today rallied sharply for a second day, with NY cocoa posting a 3-week high and London cocoa posting a 2-week high. Inadequate rain in West...

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Cocoa Prices End Lower on the Outlook for Beneficial Rain in West Africa

July ICE NY cocoa (CCN24 ) on Friday closed down -45 (-0.61%), and July ICE London cocoa #7 (CAN24 ) closed down -108 (-1.73%). Cocoa prices settled moderately lower on Friday due to the outlook for much-needed rain in West Africa. Cocoa recovered from its worst levels Friday as short...

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Cocoa Prices Finish Sharply Lower on Rain Forecasts for West Africa

July ICE NY cocoa (CCN24 ) on Monday closed down -1,725 (-19.40%), and July ICE London cocoa #7 (CAN24 ) closed down -1,565 (-20.69%). Cocoa prices on Monday plunged to 1-week lows and settled sharply lower. Forecasts for rain in West Africa are boosting the outlook for cocoa crops and...

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Cocoa Prices Plummet on Rain Forecasts for West Africa

July ICE NY cocoa (CCN24 ) this morning is down -1,707 (-19.20%), and July ICE London cocoa #7 (CAN24 ) is down -1,550 (-20.49%). Cocoa prices this morning plunged to 1-week lows and are sharply lower. Forecasts for rain in West Africa are boosting the outlook for cocoa crops and...

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US Sanctions Militant Leaders Over West Africa Hostages

U.S. imposes sanctions on West African militant leaders for hostage kidnappings to combat terrorism and promote regional stability.

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'Eggflation' arrives for Easter: cost of traditional chocolate treats soars, warns consumer group Which?

Dry weather in West Africa sends cocoa prices sharply higher

Evening Standard

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Cocoa Prices Resume Scorching Rally

May ICE NY cocoa (CCK24 ) today is up +381 (+5.42%), and May ICE London cocoa #7 (CAK24 ) is up +377 (+6.55%). The May NY and London cocoa futures contracts today both rallied sharply to new contract highs on continued concern about tight cocoa supplies from West Africa. Lower...

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Forecasts for Rain in West Africa Sparks Long Liquidation in Cocoa

May ICE NY cocoa (CCK24 ) on Friday closed down -56 (-0.87%), and May ICE London cocoa #7 (CAK24 ) closed down -119 (-2.22%). Cocoa prices on Friday extended Thursday's losses and posted 1-week lows as forecasts for rain in West Africa sparked long liquidation in cocoa futures. Losses in...

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Forecasts for Rain in West Africa Weigh on Cocoa Prices

May ICE NY cocoa (CCK24 ) this morning is down -48 (-0.74%), and May ICE London cocoa #7 (CAK24 ) is down -120 (-2.24%). Cocoa prices this morning extended Thursday's losses and posted 1-week lows as forecasts for rain in West Africa sparked long liquidation in cocoa futures. Losses in...

International Business Times

Fanning Mistrust On Health, Russia Seeks Foothold In West Africa

"Health and Sovereignty" was the theme. "Medical sovereignty is one of the multifaceted parts of sovereignty and Russia wants to help African countries advance it," he said in French to the Burkina24 network at the conference, where some wore stickers of the Russian and Burkina Faso flags.

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Cocoa Prices Retreat on Forecasts for Rain in West Africa

May ICE NY cocoa (CCK24 ) on Thursday closed down -97 (-1.48%), and May ICE London cocoa #7 (CAK24 ) closed down -119 (-2.18%). Cocoa prices on Thursday retreated as forecasts for rain in West Africa are positive for cocoa yields. Losses in London cocoa accelerated after the British pound...

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Cocoa Prices Fall on Forecasts for Rain in West Africa

May ICE NY cocoa (CCK24 ) this morning is down -80 (-1.22%), and May ICE London cocoa #7 (CAK24 ) is down -115 (-2.10%). Cocoa prices this morning are sharply lower as forecasts for rain in West Africa are positive for cocoa yields and sparked long liquidation pressure in cocoa...

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Cocoa Prices Mixed as British Pound Strength Weighs on London Cocoa

May ICE NY cocoa (CCK24 ) on Wednesday closed up +99 (+1.53%), and May ICE London cocoa #7 (CAK24 ) closed down -13 (-0.24%). Cocoa prices on Wednesday settled mixed. Cocoa prices are underpinned by concern that large cocoa deficits could force West African cocoa suppliers to default on their...

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Cocoa Prices Mixed as Supply Concerns Boost NY Cocoa

May ICE NY cocoa (CCK24 ) this morning is up +74 (+1.15%), and May ICE London cocoa #7 (CAK24 ) is down -12 (-0.22%). Cocoa prices this morning are mixed. Cocoa prices are underpinned by concern that large cocoa deficits could force West African cocoa suppliers to default on their...

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Rain in West Africa Sparks Long Liquidation in Cocoa

May ICE NY cocoa (CCK24 ) on Tuesday closed down -136 (-2.06%), and May ICE London cocoa #7 (CAK24 ) closed down -82 (-1.47%). Cocoa prices on Tuesday settled moderately lower. Forecasts for rain this week in West Africa that could benefit the Ivory Coast cocoa mid-crop sparked some long...

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Cocoa Prices Retreat as Rain in West Africa Could Boost the Ivory Coast Mid-Crop

May ICE NY cocoa (CCK24 ) this morning is down -146 (-2.22%), and May ICE London cocoa #7 (CAK24 ) is down -85 (-1.53%). Cocoa prices this morning are moderately lower. Forecasts for rain this week in West Africa could benefit the Ivory Coast cocoa mid-crop and sparked some long...

Evening Standard

Easter egg prices set to rise as cost of chocolate soars, expert warns

The price of cocoa has gone up partly due to drought in West Africa

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