New York cocoa futures rise as raw sugar prices hit 18-month low

New York cocoa futures on ICE rebounded this week, recovering from a sharp decline. July New York cocoa (CCc2) settled up $156, or 2.2%, to $7,322 per metric ton. This follows a nearly 20% drop on Monday. Dealers highlighted the extreme volatility in cocoa prices as the market attempts to stabilize after a significant fall […]