ICE cocoa futures fell for a second session, with September ICE NY cocoa down 128 points (-2.51%) and July ICE London cocoa down 95 points (-2.50%). The decline was tied to expectations for larger global cocoa supplies, including reports that Nigerian cocoa exports rose in May. The article is a routine commodities move and is unlikely to have broad market impact.
ICE cocoa futures fell for a second session, with September ICE NY cocoa down 128 points (-2.51%) and July ICE London cocoa down 95 points (-2.50%). The decline was tied to expectations for larger global cocoa supplies, including reports that Nigerian cocoa exports rose in May. The article is a routine commodities move and is unlikely to have broad market impact.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
