Cocoa Prices Tumble on West African Cocoa Crop Optimism

Pessimistic -11.0

December ICE NY cocoa (CCZ25 ) today is down -251 (-3.27%), and December ICE London cocoa #7 (CAZ25 ) is down -119 (-2.26%). Cocoa prices are sharply lower today, with London cocoa falling to 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.