Ghana may increase the farmgate cocoa price by over 60%

At the end of trading Sep. 8, the Dec-23 NY cocoa contract closed at $3,654 per MT, $42 above Sep 7’s close and $40 above its session open. RSI is bearish at 67.4 percent, MACD moved from bearish to neutral, and the stochastic slightly [...]

Ivory Coast cocoa arrivals surge 7% in December

After a disappointing start to the season in October and November that saw cocoa bean arrivals down double digits, strong December arrivals have allowed the total volume to not just catch up but surpass last year’s pace. In a reversal of fortunes, season-to-date arrivals [...]

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