Reduced Global Cocoa Surplus Prospects Lift Prices
30/4 01:36
July ICE NY cocoa (CCN26 ) today is up +22 (+0.65%), and May ICE London cocoa #7 (CAK26 ) is up +20 (+0.80%). Cocoa prices are moving higher today on the prospects of a smaller global surplus. StoneX today cut its 2026/27 global cocoa surplus estimate to 149,000 MT from......