Weather Concerns in West Africa Boost Cocoa Prices

Neutral 7.0

December ICE NY cocoa (CCZ25 ) on Thursday closed up +60 (+0.80%), and December ICE London cocoa #7 (CAZ25 ) closed up +26 (+0.50%). Cocoa prices settled higher Thursday for a second day, supported by weather concerns in West Africa. Heavy rain in the Ivory Coast has kept farmers out...
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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.