Cocoa prices

NY cocoa plunges after Christmas on profit-taking; sugar also down

TheSpuzz Desk3 weeks ago03 mins

Source: Live Mint NEW YORK, Dec 26 (Reuters) – New York cocoa futures fell sharply on Thursday, extending the market’s retreat from last week’s record high, with profit-taking amid thin trading volumes ahead of the year-end. Raw sugar futures fell to a fresh three-month low. There was no trading for London white sugar, robusta coffee…

New York cocoa hits 7-1/2-month peak, gains 15% in the week

TheSpuzz Desk1 month ago04 mins

Source: Live Mint (Adds comments on coffee, updates prices to settlement) LONDON, Dec 13 (Reuters) – Cocoa prices hit fresh 7-1/2-month peaks on Friday, posting gains for five consecutive weeks as the market remains concerned that this season’s supply recovery will not be enough to make up for three seasons of deficit. Meanwhile, Arabica coffee…

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NY cocoa plunges after Christmas on profit-taking; sugar also down

New York cocoa hits 7-1/2-month peak, gains 15% in the week