May ICE New York cocoa (CCK26) closed up 145 ticks (+1.60%) and May ICE London cocoa #7 (CAK26) closed up 129 ticks (+5.47%). NY cocoa hit a one-week high and London a two-week high as prices surged on Tuesday, indicating short-term bullish momentum and elevated volatility in cocoa futures.
May ICE New York cocoa (CCK26) closed up 145 ticks (+1.60%) and May ICE London cocoa #7 (CAK26) closed up 129 ticks (+5.47%). NY cocoa hit a one-week high and London a two-week high as prices surged on Tuesday, indicating short-term bullish momentum and elevated volatility in cocoa futures.
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mildly positive
Sentiment Score
0.20
