May ICE NY cocoa fell 181 points (-5.38%) and May ICE London cocoa dropped 104 points (-4.17%) as prices extended a second-day slide on signs of weak global demand. The National Confectioners Association's North American Q1 data pointed to softer consumption, reinforcing demand concerns in the cocoa market.
May ICE NY cocoa fell 181 points (-5.38%) and May ICE London cocoa dropped 104 points (-4.17%) as prices extended a second-day slide on signs of weak global demand. The National Confectioners Association's North American Q1 data pointed to softer consumption, reinforcing demand concerns in the cocoa market.
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Request a DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45