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Rich Asplund

MYSTERIOUS: Dollar weakness boosts cocoa prices dcb17d61 c3e2 4784 90d4 2fdd1595b8f8 - What They Never Told You

Ice Ivory Coast ICCO London NY

May ICE NY cocoa (CCK26) on Monday closed up +121 (+3.67%), and May ICE London cocoa #7 (CAK26) closed up +85 (+3.53%).

Cocoa prices recovered from early losses on Monday and rallied sharply after a -0.47% decline in the dollar index ($DXY) sparked short covering in cocoa futures.

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