July ICE NY cocoa rose 324 points, or 9.01%, to a 2-week high, while London cocoa was not trading due to the UK May Day holiday. The move reflects sharply higher cocoa prices and strong near-term momentum in the NY contract. This is notable for commodity traders but limited in broader market impact.
July ICE NY cocoa rose 324 points, or 9.01%, to a 2-week high, while London cocoa was not trading due to the UK May Day holiday. The move reflects sharply higher cocoa prices and strong near-term momentum in the NY contract. This is notable for commodity traders but limited in broader market impact.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.42
