May ICE NY cocoa (CCK26) closed up +45 ticks (+1.36%), hitting a two-week high, while May ICE London cocoa #7 (CAK26) closed down -17 ticks (-0.68%). Dry conditions in West Africa are cited as supportive for prices, creating a bullish supply signal despite mixed settlements across venues.
May ICE NY cocoa (CCK26) closed up +45 ticks (+1.36%), hitting a two-week high, while May ICE London cocoa #7 (CAK26) closed down -17 ticks (-0.68%). Dry conditions in West Africa are cited as supportive for prices, creating a bullish supply signal despite mixed settlements across venues.
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mixed
Sentiment Score
0.05
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