May ICE NY cocoa (CCK26) fell 59 ticks (-1.73%) and May ICE London cocoa (CAK26) fell 54 ticks (-2.16%) as an improving supply outlook weighed on prices. West African farmers reported recent rains have boosted pod development, increasing expected near-term cocoa production and pressuring futures.
May ICE NY cocoa (CCK26) fell 59 ticks (-1.73%) and May ICE London cocoa (CAK26) fell 54 ticks (-2.16%) as an improving supply outlook weighed on prices. West African farmers reported recent rains have boosted pod development, increasing expected near-term cocoa production and pressuring futures.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
