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Barchart
Rich Asplund

Dollar Strength Sparks Long Liquidation in Cocoa Futures

Ice London Cocoa NY Cocoa Ghana Ivory Coast CFTC Deficit Hershey ICCO Maxar Technologies

March ICE NY cocoa (CCH25) Wednesday closed down -125 (-1.23%), and March ICE London cocoa #7 (CAH25) closed down -55 (-0.68%).

Cocoa prices Wednesday gave up an early advance and posted moderate losses after a rally in the dollar index (DXY00) to a 1-week high sparked long liquidation in cocoa futures.

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