Beneficial Ivory Coast Rains Hammer Cocoa Prices

Strong Bearish -100.0

September ICE NY cocoa (CCU25 ) on Thursday closed down -240 (-3.13%), and September ICE London cocoa #7 (CAU25 ) closed down -214 (-3.84%). Cocoa prices on Thursday added to this past week's sharp losses, with NY cocoa posting a 5-week low and London cocoa posting a 2-week low. Expectations...
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.