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Rich Asplund

Cocoa Prices Settle Higher Amid a Weaker Dollar

Ice the Ivory Coast ICCO London NY

May ICE NY cocoa (CCK26) on Thursday closed up +71 (+2.18%), and May ICE London cocoa #7 (CAK26) closed up +52 (+2.16%).

Cocoa prices recovered from early losses on Thursday and settled higher as weakness in the dollar ($DXY) spurred short covering in cocoa futures.

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Top stories on inkl right now

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The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

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