Cocoa Prices Mixed: New York Up, London Down

Cocoa prices fluctuated today, with March New York cocoa futures rising due to anticipation of index-related buying and low U.S. port inventories. However, global supply concerns and weak demand, particularly in Asia and Europe, along with disappointing Halloween sales in North America, put downward pressure on prices. Tighter supplies from Nigeria could potentially support prices in the future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.