July ICE NY cocoa fell 135 points, or 3.93%, and May ICE London cocoa dropped 94 points, or 3.73%, as prices weakened on adequate supply. Ivory Coast cumulative shipments to ports reached 1.51 MMT, underscoring robust arrivals and adding bearish pressure to cocoa futures.
July ICE NY cocoa fell 135 points, or 3.93%, and May ICE London cocoa dropped 94 points, or 3.73%, as prices weakened on adequate supply. Ivory Coast cumulative shipments to ports reached 1.51 MMT, underscoring robust arrivals and adding bearish pressure to cocoa futures.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45
