Market Overview

Cocoa Moves Down

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Cocoa futures have moved down Friday morning in rapid fashion. July Cocoa is trading at 2890, down 53. Trading overnight has been choppy.

A lot of chatter about currency values and demand are making the rounds. Tight nearby supply has been supportive. Chatter about long-term increased supply has led to selling on rallies.

Posted-In: cocoaFutures Commodities Markets

 

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