Cocoa Prices Settle Lower on Expectations of Adequate Supplies
March ICE NY cocoa (CCH26) on Thursday closed down -44 (-0.74%), and March ICE London cocoa #7 (CAH26) closed down -24 (-0.55%). Cocoa prices settled lower on Thursday, with NY cocoa falling to a 1-week low. Favorable weather in West Africa is expected to boost yields and supply, which is bearish for prices. Cocoa … Read more