July ICE NY cocoa closed down 1 point (-0.02%) while July ICE London cocoa rose 35 points (+1.11%), leaving prices mixed on the session. NY cocoa was pressured by a stronger dollar and rising US inventories, while London cocoa showed relative strength. The move appears routine and is unlikely to materially shift broader markets.
July ICE NY cocoa closed down 1 point (-0.02%) while July ICE London cocoa rose 35 points (+1.11%), leaving prices mixed on the session. NY cocoa was pressured by a stronger dollar and rising US inventories, while London cocoa showed relative strength. The move appears routine and is unlikely to materially shift broader markets.
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Request DemoOverall Sentiment
neutral
Sentiment Score
-0.05