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Soaring ICE Inventories Weigh on Cocoa Prices

December ICE NY cocoa (CCZ26 ) closed down -167 (-2.85%) on Tuesday, and December ICE London cocoa #7 (CAZ26 ) closed do...

December ICE NY cocoa (CCZ26 ) closed down -167 (-2.85%) on Tuesday, and December ICE London cocoa #7 (CAZ26 ) closed down -151 (-3.45%). Cocoa prices fell sharply on Tuesday, pressured by rising ICE cocoa inventories. ICE cocoa inventories rose to a 2.25-year high of 3,538,981 bags on Tuesday. Also,...

SOURCE: Nasdaq
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
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