Market Overview

Cocoa Lower

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N.Y. Cocoa futures are trading lower Wednesday.

May Cocoa is trading at 2849 down 19. Traders are expecting choppy trading and possible wide ranges due to the recent sharp advance.

Continued market talk that dry weather in the Ivory Coast and Ghana will result production declines is seen as supportive.

Chatter about balanced supply and demand outlook for 2015 has led to pressure on strength.

Posted-In: cocoaFutures Commodities Markets

 

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