Cocoa Market Sees Sharp Decline Despite Supply Worries

Cocoa futures on the ICE market saw a dramatic decline, dropping over 6% on Wednesday, marking significant losses for the second straight session. This downturn comes as investors decide to cash in on recent gains, despite ongoing concerns about dwindling supplies in West Africa. London’s May cocoa contract dropped 6.6% to 5,134 pounds/ton, after reaching […]

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