July ICE NY cocoa is down 187 points (-4.08%) and July ICE London cocoa is down 148 points (-4.31%) as producers sell into this week's rally to 3.5-month highs. A stronger dollar is adding pressure to cocoa prices. The move reflects profit-taking and near-term bearish flow rather than a fundamental demand shock.
July ICE NY cocoa is down 187 points (-4.08%) and July ICE London cocoa is down 148 points (-4.31%) as producers sell into this week's rally to 3.5-month highs. A stronger dollar is adding pressure to cocoa prices. The move reflects profit-taking and near-term bearish flow rather than a fundamental demand shock.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.35
