May ICE NY cocoa (CCK26) fell 76 ticks (-2.28%) to a two-week low; May ICE London cocoa #7 (CAK26) declined 41 ticks (-1.67%). A stronger dollar (DXY) and signs of improving supply were cited as the main headwinds weighing on cocoa prices.
May ICE NY cocoa (CCK26) fell 76 ticks (-2.28%) to a two-week low; May ICE London cocoa #7 (CAK26) declined 41 ticks (-1.67%). A stronger dollar (DXY) and signs of improving supply were cited as the main headwinds weighing on cocoa prices.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
