Rising ICE Cocoa Inventories Undercut Cocoa Prices
21/5 18:18
July ICE NY cocoa (CCN25 ) Tuesday closed down -100 (-0.91%), and July ICE London cocoa #7 (CAN25 ) closed down -12 (-0.16%). Cocoa prices on Tuesday gave up an early advance and turned lower, with NY cocoa falling from a 3-1/2 month nearest-futures high. An increase in cocoa inventories......