Short Covering Boosts Cocoa Prices on Resilient North American Q2 Cocoa Demand
19/7 01:49
September ICE NY cocoa (CCU25 ) today is up +460 (+6.29%), and September ICE London cocoa #7 (CAU25 ) is up +193 (+4.02%). Cocoa prices today are sharply higher as short covering has emerged after North American Q2 cocoa grindings did not decline as much as those in Europe and......