Cocoa Notches Another Record as West African Supply is in Decline

Cocoa futures rose as much as 2.7% to a fresh intraday record of $10,760 a ton in New York. West African supply problems persist, with little relief in sight for strained global supplies. Cocoa prices have risen 2.3% since May.

Cocoa futures rose to a fresh record in New York, with little relief in sight for strained global supplies. Cocoa Notches Another Record as West African Supply Woes Persist. West African supply woes continue to plague the world's largest cocoa markets. West Africa's cocoa production has been hit by a decade-long supply crisis.