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Barchart
Barchart
Rich Asplund

THE TRUTH ABOUT: Cocoa prices settle slightly higher on consolidation - Caught on Camera

Ice ICCO London European Union British Pound Ivory Coast NY the International Cocoa Organization United States

March ICE NY cocoa (CCH26) on Wednesday closed up +2 (+0.03%).  March ICE London cocoa #7 (CAH26) closed up +11 (+0.25%).

Cocoa prices settled slightly higher on Wednesday, consolidating below Monday's 2-week highs.  London cocoa posted bigger gains on Wednesday after the British pound (^GBPUSD) fell to a 1-week low, boosting cocoa priced in sterling.

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