Cocoa Prices Sharply Higher on West African Cocoa Mid-Crop Concerns
3/4 08:57
May ICE NY cocoa (CCK25 ) Wednesday closed up +791 (+9.67%), and May ICE London cocoa #7 (CAK25 ) closed up +469 (+7.44%). Cocoa prices Wednesday surged to 1-month highs on signs of a weak mid-crop cocoa harvest in West Africa. According to Rabobank, late-arriving rains in the region have......