Cocoa futures are up sharply in today’s session, with September ICE NY cocoa (CCU26) gaining +84 (+1.69%) and July ICE London cocoa #7 (CAN26) rising +85 (+2.29%). Prices are consolidating just below last Thursday’s 5.5-month highs after a rapid rally over the past two weeks, suggesting momentum remains constructive near recent resistance.
Cocoa futures are up sharply in today’s session, with September ICE NY cocoa (CCU26) gaining +84 (+1.69%) and July ICE London cocoa #7 (CAN26) rising +85 (+2.29%). Prices are consolidating just below last Thursday’s 5.5-month highs after a rapid rally over the past two weeks, suggesting momentum remains constructive near recent resistance.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
