Abundant Supplies Pressure Cocoa Prices
30/5 01:07
July ICE NY cocoa (CCN26 ) today is down -177 (-4.32%), and July ICE London cocoa #7 (CAN26 ) is down -113 (-3.66%). Cocoa prices are under pressure today from rising supplies. ICE cocoa inventories rose to a 1.75-year high of 2,810,211 bags on Thursday. Last Friday, cocoa prices fell......