Cocoa Prices: Mixed Close, Bullish Outlook
Update: 2025-12-13
Description
Cocoa prices fluctuated on Friday, with New York cocoa down and London cocoa up, following a week of gains. The US dollars strength impacted New York prices, while a weaker British pound boosted London cocoa. Global supply concerns, including a reduced ICCO surplus estimate and shrinking inventories, have supported prices. However, potential factors like good growing conditions in West Africa and a delayed EU deforestation law could keep supplies ample. The inclusion of New York cocoa in the Bloomberg Commodity Index in January may attract significant investment fund buying.
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