May ICE NY cocoa futures jumped +131 ticks (+4.15%) and May ICE London cocoa gained +120 ticks (+5.09%), with NY at a 1-week high and London at a 2-week high. Prices surged intraday (~4–5%) amid reports of recent rainfall affecting supply dynamics, driving notable short-term volatility in cocoa contracts.
May ICE NY cocoa futures jumped +131 ticks (+4.15%) and May ICE London cocoa gained +120 ticks (+5.09%), with NY at a 1-week high and London at a 2-week high. Prices surged intraday (~4–5%) amid reports of recent rainfall affecting supply dynamics, driving notable short-term volatility in cocoa contracts.
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mildly positive
Sentiment Score
0.30
