Cocoa Prices Tumble on West African Cocoa Crop Optimism

Optimistic 19.0

December ICE NY cocoa (CCZ25 ) on Thursday closed down -270 (-3.52%), and December ICE London cocoa #7 (CAZ25 ) closed down -126 (-2.39%). Cocoa prices fell sharply on Thursday, with London cocoa posting a 6-week low, after chocolate maker Mondelez International expressed optimism about this year's cocoa crop harvest...
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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.