May ICE NY cocoa (CCK25 ) Thursday closed up +111 (+1.50%), and May ICE London cocoa #7 (CAK25 ) closed up +77 (+1.21%). Cocoa prices Thursday recovered from early losses and posted moderate gains after a slump in the dollar index (DXY00 ) to a 4-month low sparked short covering...Many pieces of chocolate by Public Domain Pictures via Pixabay
Dollar Weakness Prompts Short Covering in Cocoa Futures
Written on 03/09/2025