Market Overview

Cocoa Little Changed

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Cocoa futures are trading steady with little change Wednesday morning. July Cocoa is trading at 2944, up 1. September Cocoa is trading at 2929, unchanged. Trading is range-bound.

Market talk that Ghana's cocoa production may be less than 725,000 tons has been making the rounds and has been supportive. Chatter about high prices and estimates for more production ahead has brought some sellers in on rallies.

Posted-In: cocoaFutures Commodities Markets

 

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