May ICE NY cocoa (CCK26 ) on Wednesday closed up +45 (+1.36%), and May ICE London cocoa #7 (CAK26 ) closed down -17 (-0.68%). Cocoa prices settled mixed on Wednesday, with NY cocoa posting a 2-week high. Dry conditions in West Africa are supportive of cocoa prices, as recent rainfall...
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Excessive Dryness in West Africa Supports Cocoa Prices
May ICE NY cocoa (CCK26 ) on Wednesday closed up +45 (+1.36%), and May ICE London cocoa #7 (CAK26 ) closed down -17 (-0.68%). Cocoa prices settled mixed on Wednesday, with NY cocoa posting a 2-week high. Dry conditions…
