Cocoa Prices Pressured by Beneficial Rain in West Africa
10/6 14:00
July ICE NY cocoa (CCN25 ) Monday closed down -85 (-0.83%), and July ICE London cocoa #7 (CAN25 ) closed down -22 (-0.32%). Cocoa prices retreated on Monday due to the outlook for additional rainfall in West Africa, which is improving the prospects for the region's cocoa crop. Weather forecasts......