Market Overview

Cocoa Higher

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N.Y. cocoa futures are trading higher early Thursday.

May cocoa is trading at 2897, up 13. Market talk about uncertainty about supplies and demand continue. Chatter about retail customer resistance to higher prices.

Market talk about reduced mid-crop cocoa production for the Ivory Coast and Ghana has brought buyers in to cocoa over the last several trading days.

Posted-In: cocoaFutures Commodities Markets

 

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