Cocoa Prices Jump on El Niño Risks
2/6 23:44
July ICE NY cocoa (CCN26 ) on Tuesday closed up +213 (+5.47%), and July ICE London cocoa #7 (CAN26 ) closed up +163 (+5.50%). Cocoa prices surged on Tuesday amid mounting weather concerns. The formation of an El Niño weather pattern could lead to warmer, drier conditions in West Africa,......