Cocoa Prices Supported by the Outlook of a Smaller Global Surplus
30/4 06:11
July ICE NY cocoa (CCN26 ) on Wednesday closed up +30 (+0.89%), and May ICE London cocoa #7 (CAK26 ) closed up +22 (+0.88%). Cocoa prices settled higher on Wednesday amid the prospects of a smaller global surplus. StoneX on Wednesday cut its 2026/27 global cocoa surplus estimate to 149,000......