May ICE New York cocoa (CCK26) fell 89 ticks (-2.66%) and May ICE London cocoa #7 (CAK26) dropped 32 ticks (-1.31%) as prices settled lower for the second straight session. The pullback was driven by an improving supply outlook, with reports from West African farmers easing earlier tightness concerns in the cocoa crop.
May ICE New York cocoa (CCK26) fell 89 ticks (-2.66%) and May ICE London cocoa #7 (CAK26) dropped 32 ticks (-1.31%) as prices settled lower for the second straight session. The pullback was driven by an improving supply outlook, with reports from West African farmers easing earlier tightness concerns in the cocoa crop.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
