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Barchart
Barchart
Rich Asplund

THE TRUTH ABOUT: Cocoa prices remain strong on global supply woes - The Untold Story

Dec ICE NY cocoa (CCZ23) on Thursday closed -1 (-0.03%), and Sep ICE London cocoa #7 (CAU23) closed +31 (+1.06%).

NY cocoa prices Thursday posted a new record high but then fell back on some long liquidation to close the day slightly lower.  Meanwhile, Sep London cocoa Thursday posted another new all-time high (data from 1989).  

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