December ICE NY cocoa (CCZ24) Wednesday closed up +301 (+4.27%), and December ICE London cocoa #7 (CAZ24) closed up +254 (+4.96%). Cocoa prices Wednesday jumped to 1-week highs and settled sharply higher as global cocoa stockpiles tightened. ICE-monitored cocoa inventories held in US ports have been trending lower for the past 15 months and fell to a 15-year low Tuesday of 1,998,398 bags. London cocoa also has support after the British pound ([^GBPUSD](https://www.barchart.com/forex/quotes/%5GBPUSD/overview)) fell to a 3-1/2 week low Wednesday, boosting cocoa priced in sterling. Also, lower co…