Back to News
Market Impact: 0.32
Adequate Supplies Pressure Cocoa Prices
Source: Nasdaq
Commodities & Raw MaterialsCommodity Futures
December ICE New York cocoa futures fell 210 points, or 3.51%, while December London cocoa #7 declined 126 points, or 2.88%, to one-week lows. The selloff reflects market expectations that near-term cocoa supplies are adequate, extending recent pressure on prices.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
moderately negative
Sentiment Score
-0.42
More News
- Oil prices fall amid reports that the U.S. and Iran are both seeking diplomacy
- Australian lithium stocks slide as Citi cuts forecasts on weaker battery demand
- China’s slow buying of US farm goods tests $17 billion trade pledge
- Goldman raises oil price forecast for December and 2027. Here's why
- Bakkafrost Q3 operating profit misses forecasts, halts outside smolt buys
- Copper Price Forecast: Rebound at Risk as AI Spending Fears Persist