Cocoa Prices Jump on Drier Ivory Coast Weather and Tighter Supplies

Strong Bullish 100.0

December ICE NY cocoa (CCZ25 ) on Wednesday closed up +234 (+3.07%), and September ICE London cocoa #7 (CAU25 ) closed up +82 (+1.53%). Cocoa prices settled sharply higher on Wednesday as updated weather forecasts reduced the chances for precipitation in the Ivory Coast over the next week. Cocoa prices...
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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.