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Barchart
Barchart
Rich Asplund

NY Cocoa Rises on Pre-Weekend Short Covering

September ICE NY cocoa (CCU25) on Friday closed up +118 (+1.46%), and September ICE London cocoa #7 (CAU25) closed down -5 (-0.09%)

Cocoa prices on Friday closed mixed, with London cocoa posting an 8.5-month low.  Cocoa prices recovered from their worst levels, with NY cocoa pushing into positive territory, as some pre-weekend short covering emerged in cocoa futures.  

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