Cocoa Prices Plunge on Expectations for Beneficial Rains in the Ivory Coast

Strong Bearish -100.0

September ICE NY cocoa (CCU25 ) today is down -192 (-2.50%), and September ICE London cocoa #7 (CAU25 ) is down -187 (-3.36%). Cocoa prices today 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 of beneficial...
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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.