Cocoa Slumps Again as Buyers Hold Back in Troubled Market

📆 5/2/2024 4:03 AM
📰 BNNBloomberg

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Cocoa prices dropped again, extending a week of extreme volatility as liquidity dries up and commercial buyers hold back from buying beans.

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Cocoa Slumps 17% as Wild Price Swings Grip Market(Bloomberg) -- Cocoa futures tumbled almost 17% in New York and slumped in London, with the market prone to large price swings as fewer and fewer companies...
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