Are you sure you'd like to remove this alert? You will no longer receive email updates about this topic.
Latest From Sergey Chetvertakov
March New York cocoa futures declined USD22 to USD2,394 per tonne, while London futures shed just GBP3 to GBP1,763 per tonne.
Surprisingly strong new crop port arrivals in Ivory Coast have turned the market into a bearish mode and challenged long speculators that were enthusiastic for the recent ‘demand-based’ rally in prices.
December New York cocoa futures declined USD9 to USD2,010 per tonne.
December New York cocoa futures settled down USD67, at USD1,990 per tonne, while London futures declined to GBP1,463 per tonne, down GBP33.
Cocoa futures continue to trade lower and the NY December contract fell by USD47 to USD2,195 per tonne, while London futures declined to GBP1,566 per tonne, down GBP26.