Cocoa Prices Retreat on Forecasted Rains for the Ivory Coast

Strong Bearish -100.0

September ICE NY cocoa (CCU25 ) Wednesday closed down -337 (-4.21%), and September ICE London cocoa #7 (CAU25 ) closed down -80 (-1.42%). Cocoa prices retreated on Wednesday, with NY cocoa posting a 1-month low and London cocoa posting a 1.5-week low. The outlook for abundant rains over the next...
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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.