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The Latest Breaking News from West Africa

Cocoa Prices Under Pressure on Improved Weather in West Africa

December ICE NY cocoa (CCZ25 ) today is down -133 (-1.89%), and December ICE London cocoa #7 (CAZ25 ) is down -48 (-0.98%). Cocoa prices are under pressure today but remain above this week's significant lows. On Tuesday, NY cocoa fell to a 10.75-month low and London cocoa fell to...

Barchart

French navy seizes almost 10 tonnes of cocaine off coast of West Africa

The drugs were discovered on an unflagged fishing vessel in the Gulf of Guinea on Monday, a key transit route for drugs heading to Europe.

Euronews

Cocoa Prices Rebound as ICE Inventories Tighten

December ICE NY cocoa (CCZ25 ) on Friday closed up +10 (+0.41%), and December ICE London cocoa #7 (CAZ25 ) closed up +41 (+0.82%). Cocoa prices on Friday recovered from 1.5-week lows and settled higher as inventories tightened after ICE-monitored cocoa inventories held in US ports fell to a 4.5-month...

Barchart

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Cocoa Prices Pressured by Beneficial Rain in West Africa

December ICE NY cocoa (CCZ25 ) today is down -8 (-0.11%), and December ICE London cocoa #7 (CAZ25 ) is up +28 (+0.56%). Cocoa prices today fell to 1.5-week lows but are mixed. Cocoa has been under pressure this week as rain in West Africa has eased dry conditions that...

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West Africans deported by US sue Ghana for 'unlawful detention'

A group of West African nationals deported from the United States to Ghana earlier this month have filed a lawsuit against the Ghanaian government for unlawful detention. Lawyers representing the deportees report they are still being held in a military camp near Accra, even though there are no formal charges…

Radio France Internationale

Favorable West African Weather Weighs on Cocoa Prices

December ICE NY cocoa (CCZ25 ) on Thursday closed down -152 (-2.06%), and December ICE London cocoa #7 (CAZ25 ) closed down -87 (-1.71%). Cocoa prices dropped to 1-week lows on Thursday and settled sharply lower. Cocoa has been under pressure over the past three sessions as rain in West...

Barchart

Cocoa Prices Pressured by Beneficial Rains in West Africa

December ICE NY cocoa (CCZ25 ) today is down -145 (-1.96%), and December ICE London cocoa #7 (CAZ25 ) is down -84 (-1.65%). Cocoa prices dropped to 1-week lows today. Cocoa has been under pressure over the past three sessions as rain in West Africa has eased dry conditions that...

Barchart

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NY Cocoa Recovers Early Losses as ICE Inventories Fall

December ICE NY cocoa (CCZ25 ) on Wednesday closed up +14 (+0.19%), and December ICE London cocoa #7 (CAZ25 ) closed down -6 (-0.12%). Cocoa prices on Wednesday settled mixed. Cocoa has been under pressure over the past two sessions as rain in West Africa has temporarily eased dry conditions...

Barchart

Rain Eases Dry Conditions in West Africa and Pressures Cocoa Prices

December ICE NY cocoa (CCZ25 ) today is down -22 (-0.30%), and December ICE London cocoa #7 (CAZ25 ) is down -18 (-0.35%). Cocoa prices extended Tuesday's losses today as rain in West Africa has eased dry conditions and may promote flowering of cocoa trees, which could boost the region's...

Barchart

Rain in West Africa Weighs on Cocoa Prices

December ICE NY cocoa (CCZ25 ) on Tuesday closed down -273 (-3.57%), and December ICE London cocoa #7 (CAZ25 ) closed down -109 (-2.09%). Cocoa prices retreated on Tuesday as rains in West Africa eased dry conditions and may promote flowering of cocoa trees and boost the region's cocoa output,...

Barchart

Cocoa Prices Retreat as Rains Arrive in West Africa

December ICE NY cocoa (CCZ25 ) today is down -285 (-3.73%), and December ICE London cocoa #7 (CAZ25 ) is down -108 (-2.07%). Cocoa prices are retreating today as rains in West Africa ease dry conditions and may promote flowering of cocoa trees and boost the region's cocoa output, a...

Barchart

Cocoa Prices Rally on West African Weather Concerns

December ICE NY cocoa (CCZ25 ) on Monday closed up +224 (+3.02%), and December ICE London cocoa #7 (CAZ25 ) closed up +110 (+2.15%). Cocoa prices rallied sharply on Monday, with NY cocoa posting a 1.5-week high. Weather concerns in West Africa are boosting cocoa prices. Heavy rain in the...

Barchart

West African Weather Woes Boost Cocoa Prices

December ICE NY cocoa (CCZ25 ) today is up +214 (+2.88%), and December ICE London cocoa #7 (CAZ25 ) is up +105 (+2.06%). Cocoa prices are sharply higher today, with NY cocoa climbing to a 1.5-week high. Weather concerns in West Africa are boosting cocoa prices. Heavy rain in the...

Barchart

Cocoa Prices Fall as the Dollar Strengthens

December ICE NY cocoa (CCZ25 ) on Friday closed down -108 (-1.43%), and December ICE London cocoa #7 (CAZ25 ) closed down -90 (-1.73%). Cocoa prices settled lower on Friday after a stronger dollar (DXY00 ) prompted long liquidation in cocoa futures. Cocoa prices had climbed to 1-week highs on...

Barchart

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Weather Concerns in West Africa Boost Cocoa Prices

December ICE NY cocoa (CCZ25 ) on Thursday closed up +60 (+0.80%), and December ICE London cocoa #7 (CAZ25 ) closed up +26 (+0.50%). Cocoa prices settled higher Thursday for a second day, supported by weather concerns in West Africa. Heavy rain in the Ivory Coast has kept farmers out...

Barchart

Cocoa Prices Supported by Weather Risks in West Africa

December ICE NY cocoa (CCZ25 ) today is up +87 (+1.16%), and December ICE London cocoa #7 (CAZ25 ) is up +15 (+0.29%). Cocoa prices are moving higher today for a second day, supported by weather concerns in West Africa. Heavy rain in the Ivory Coast has kept farmers out...

Barchart

Cocoa Prices Climb on Adverse West African Weather

December ICE NY cocoa (CCZ25 ) on Wednesday closed up +73 (+0.99%), and December ICE London cocoa #7 (CAZ25 ) closed up +68 (+1.33%). Cocoa prices moved higher on Wednesday, supported by weather concerns in West Africa. Heavy rain in the Ivory Coast has kept farmers out of cocoa fields...

Barchart

West African Weather Woes Support Cocoa Prices

December ICE NY cocoa (CCZ25 ) today is up +65 (+0.88%), and December ICE London cocoa #7 (CAZ25 ) is up +74 (+1.45%). Cocoa prices are climbing today, supported by weather concerns in West Africa. Heavy rain in the Ivory Coast has kept farmers out of cocoa fields and reduced...

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Adverse Weather in West Africa and Tighter Inventories Boost Cocoa Prices

December ICE NY cocoa (CCZ25 ) on Tuesday closed up +160 (+2.21%), and December ICE London cocoa #7 (CAZ25 ) closed up +63 (+1.25%). Cocoa prices recovered from 1.5-month lows on Tuesday and rallied sharply after weather concerns in West Africa sparked short covering in cocoa futures. Heavy rain in...

Barchart

Cocoa Prices Rebound on Adverse Weather in West Africa

December ICE NY cocoa (CCZ25 ) today is up +161 (+2.23%), and December ICE London cocoa #7 (CAZ25 ) is up +60 (+1.19%). Cocoa prices recovered from 1.5-month lows today and moved sharply higher after weather concerns in West Africa sparked short covering in cocoa futures. Heavy rain in the...

Barchart

Cocoa Prices Slump on the Outlook for Ample Supplies Amid Weak Demand

December ICE NY cocoa (CCZ25 ) on Monday closed down -236 (-3.16%), and December ICE London cocoa #7 (CAZ25 ) closed down -105 (-2.04%). Cocoa prices retreated on Monday and posted 1.5-month lows on expectations of growing supplies amid weakening demand. Cocoa prices have been under pressure over the past...

Barchart

Supply Optimism and Weak Demand Pressures Cocoa Prices

December ICE NY cocoa (CCZ25 ) today is down -235 (-3.15%), and December ICE London cocoa #7 (CAZ25 ) is down -108 (-2.10%). Cocoa prices are sharply lower today and posted 1.5-month lows on expectations of growing supplies amid weakening demand. Cocoa prices have been under pressure over the past...

Radio France Internationale

Balkan cartels use West Africa to push cocaine into Europe, report warns

Balkan crime groups are working with Brazilian cartels to turn West Africa into a gateway for Europe’s cocaine market, a new report warns – saying the trade is driving corruption, local drug use and instability across the region.

Barchart

Cocoa Prices Stabilize as Dollar Tumbles

December ICE NY cocoa (CCZ25 ) is up +79 (+1.07%), and December ICE London cocoa #7 (CAZ25 ) is up +5 (+0.10%). Dec NY cocoa is trading higher today, recovering a bit after Thursday's plunge of -3.52%. Cocoa prices are seeing some support today from short-covering and today's sharp decline...

Barchart

Cocoa Prices Tumble on West African Cocoa Crop Optimism

December ICE NY cocoa (CCZ25 ) today is down -251 (-3.27%), and December ICE London cocoa #7 (CAZ25 ) is down -119 (-2.26%). Cocoa prices are sharply lower today, with London cocoa falling to a 6-week low, after chocolate maker Mondelez International expressed optimism about this year's cocoa crop harvest...

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