✨ Beneficial Weather in West Africa Weighs on Cocoa Prices
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March ICE NY cocoa (CCH26 ) on Wednesday closed down -20 (-0.33%), and March ICE London cocoa #7 (CAH26 ) closed down -11 (-0.25%). Cocoa prices gave up early gains and settled lower on Wednesday as favorable weather in West Africa is expected to boost yields and supply, which is…
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March ICE NY cocoa (CCH26 ) on Wednesday closed down -20 (-0.33%), and March ICE London cocoa #7 (CAH26 ) closed down -11 (-0.25%). Cocoa prices gave up early gains and settled lower on Wednesday as favorable weather in West Africa is expected to boost yields and supply, which is…