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Rich Asplund

UNCOVERED: Cocoa prices continue to retreat on long liquidation pressure 8cfffe41 ad16 43e8 b376 7a54fe6e7917 | History Defined

COCOA Ice NY London Ghana ICCO Ivory Coast

March ICE NY cocoa (CCH25) today is down -190 (-1.59%), and March ICE London cocoa #7 (CAH25) is down -72 (-0.76%).

Cocoa prices are down again today, adding to the sharp decline seen last Thursday and Friday. Long liquidation pressure has emerged after NY cocoa last Wednesday posted an all-time nearest-futures high and London cocoa posted an 8-month nearest-futures high.

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