Drier West African Weather Forecasts and Tighter Inventories Lift Cocoa Prices

Bullish 50.0

December ICE NY cocoa (CCZ25 ) today is up +241 (+3.17%), and September ICE London cocoa #7 (CAU25 ) is up +82 (+1.531%). Cocoa prices are sharply higher today as updated weather forecasts reduced the chances for rain in the Ivory Coast this week. Cocoa prices also have support from...
Read Source Login to use Pulse AI

Pulse AI Analysis

Pulse analysis not available yet. Click "Get Pulse" above.

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.