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Market Impact: 0.18

Cocoa Prices Settle Mixed Amid Currency Fluctuations

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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.

Analysis

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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Market Sentiment

Overall Sentiment

neutral

Sentiment Score

-0.05