May ICE New York cocoa (CCK26) fell 4 ticks (-0.13%) and May ICE London cocoa #7 (CAK26) fell 2 ticks (-0.09%), pushing prices to 2.5-week lows. The decline is attributed to forecasts of a bumper West African cocoa crop that are undercutting prices.
May ICE New York cocoa (CCK26) fell 4 ticks (-0.13%) and May ICE London cocoa #7 (CAK26) fell 2 ticks (-0.09%), pushing prices to 2.5-week lows. The decline is attributed to forecasts of a bumper West African cocoa crop that are undercutting prices.
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mildly negative
Sentiment Score
-0.15
