Market Overview

Cocoa Futures Move Down

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September Cocoa is trading at 2944, down 25 $/MT. December Cocoa is trading at 2951, down 19 $/MT.

Cocoa futures are trading at session lows.

Market talk chatter global cocoa demand growth and currency values has kept both buyers and sellers active.

China's imports of cocoa beans during June totaled 3,090 tonnes, for the year China has imported 21,932 tonnes, down one percent from a year ago. China's chocolate imports are 21.2 percent for the first half of the year.

In other New York Soft commodities;

September Coffee is trading at 147.70, up 0.70 cents/lb.

October Sugar is trading at 19.42, up 0.14 cents/lb.

December Cotton is trading at 72.56, up 0.21 cents/lb.

Posted-In: cocoa futuresFutures Commodities Markets

 

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