Cocoa Prices Supported by Dry Conditions in West Africa
Could ICE NY cocoa (CCK26) in the present day is up +60 (+1.82%), and Could ICE London cocoa #7 (CAK26) is down -12 (-0.48%).Cocoa costs are blended in the present day, with NY cocoa posting a 2-week excessive. Â Dry circumstances in West Africa are supportive of cocoa costs, as latest rainfall has been inadequate to ease drought issues within the Ivory Coast and Ghana. Â In accordance with the African Flood and Drought Monitor,...
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