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Dollar Strength and Abundant Supplies Knock Cocoa Prices Lower

December ICE NY cocoa (CCZ26 ) is down -169 (-3.02%) today, and December ICE London cocoa #7 (CAZ26 ) is down -118 (-2.8...

December ICE NY cocoa (CCZ26 ) is down -169 (-3.02%) today, and December ICE London cocoa #7 (CAZ26 ) is down -118 (-2.83%). Cocoa prices are sharply lower today as a rally in the dollar index ($DXY ) to a 2-month high has spurred long liquidation in cocoa futures. Cocoa...

SOURCE: Nasdaq
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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