Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Cocoa Prices Mixed on Currency Fluctuations

Sep ICE NY cocoa (CCU23) on Wednesday closed +7 (+0.21%), and Sep ICE London cocoa #7 (CAU23) closed -35 (-1.34%).

Cocoa prices Wednesday settled mixed, with London cocoa falling to a 1-1/2 week low.  A slump in the dollar index (DXY00) Wednesday to a 14-1/2 month low gave NY cocoa futures a boost.  Meanwhile, a rally in the British pound (^GBPUSD) to a 14-1/2 month high weighed on London cocoa futures.  

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.