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Market Overview

Cocoa Little Changed

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July Cocoa is trading at 3120, up 2. September Cocoa is trading at 3113, up 3. N.Y. Cocoa is trading steady Friday morning.

Chatter about currency values has led to a little selling. Tight current supply expectations continues to bring in buyers on dips. Chatter about better supply ahead as led to a little selling. Some concerns about demand are lingering in the background. Chatter about month end positioning has traders expecting some choppy trading.

 

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Posted-In: cocoaFutures Commodities Markets

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