Cocoa Prices Weighed Down by the Outlook for a Global Cocoa Surplus
May ICE NY cocoa (CCK25 ) today is down -191 (-2.29%), and May ICE London cocoa #7 (CAK25 ) is down -141 (-2.17%). Cocoa prices today gave up an early advance and turned lower on the outlook for a global cocoa surplus. Cocoa prices have been on the defensive over...
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