Abundant Inventories Spark Long Liquidation in Cocoa Futures
9/5 01:59
July ICE NY cocoa (CCN26 ) today is down -221 (-4.99%), and July ICE London cocoa #7 (CAN26 ) is down -159 (-4.83%). Cocoa prices are sharply lower today as signs of abundant current supplies sparked long liquidation in cocoa futures after ICE cocoa inventories rose to a 20.5-month high......