Long Liquidation and Elevated ICE Inventories Weigh on Cocoa Prices

September ICE NY cocoa (CCU26 ) on Thursday closed down -56 (-1.10%), and September ICE London cocoa #7 (CAU26 ) closed down -71 (-1.86%). Cocoa prices settled lower on Thursday amid some pre-weekend liquidation and position squaring, as US markets will be closed on Friday for a holiday. Losses in...