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Rich Asplund

Cocoa Prices Mixed on Currency Fluctuations

Ice NY London ICCO

Sep ICE NY cocoa (CCU23) on Tuesday closed -5 (-0.14%), and Sep ICE London cocoa #7 (CAU23) closed +5 (+0.19%).

Cocoa prices Tuesday settled mixed. A rally in the dollar index (DXY00) Tuesday to a 3-week high weighed on NY cocoa prices. However, a slide in the British pound (^GBPUSD) Tuesday to a 3-week low boosted London cocoa prices.

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