Cocoa Prices See Significant Decline Amid Favorable Conditions in West Africa
Tuesday, 16 July 2024, 18:39
Cocoa Prices Decline
Cocoa prices experienced a significant drop as both September ICE NY cocoa and London cocoa #7 closed lower.
Reason: Improved Conditions
The decline was due to the favorable growing conditions in West Africa, indicating positive prospects for the cocoa crop.
Forecaster Maxar Technologies...
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.