May ICE NY cocoa (CCK26) closed down 10 ticks (-0.32%) and May ICE London cocoa #7 (CAK26) closed down 12 ticks (-0.51%). Heavy weekend rains in West Africa improved the outlook for cocoa crops in the Ivory Coast, weighing on prices and prompting the modest declines.
May ICE NY cocoa (CCK26) closed down 10 ticks (-0.32%) and May ICE London cocoa #7 (CAK26) closed down 12 ticks (-0.51%). Heavy weekend rains in West Africa improved the outlook for cocoa crops in the Ivory Coast, weighing on prices and prompting the modest declines.
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neutral
Sentiment Score
-0.05
