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Barchart
Rich Asplund

Cocoa Prices Retreat as Producers Lock in Higher Prices

Ice Ivory Coast Ghana ICCO StoneX

July ICE NY cocoa (CCN26) today is down -187 (-4.08%), and July ICE London cocoa #7 (CAN26) is down -148 (-4.31%).

Cocoa prices are falling today amid selling pressure from producers who are locking in higher prices after this week's rally to 3.5-month highs.  Also, today's stronger dollar ($DXY) has spurred some long liquidation in cocoa futures.

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