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Cocoa Prices Rise on Hormuz Supply Fears Despite Weak Demand Signals

April 29, 2026
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Posted 1 hour ago by
News Ghana

NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cocoa-prices-rise-on-hormuz-supply-fears-despite-weak-demand-signals/Cocoa futures moved higher on Wednesday as mounting supply disruptions linked to the closure of the Strait of Hormuz outweighed persistent signs of weakening global chocolate demand, keeping traders focused on competing pressures across the market.

July ICE New York cocoa was up 2.55 percent and May ICE London cocoa rose 2.09 percent, with the [] NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cocoa-prices-rise-on-hormuz-supply-fears-despite-weak-demand-signals/

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News Ghana
News Ghana

Coverage and analysis from Ghana. All insights are generated by our AI narrative analysis engine.

Ghana
Bias: center

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