Cocoa Price Slip on the Outlook for a 2024/25 Global Cocoa Surplus
December ICE NY cocoa (CCZ24 ) today is down -132 (-1.71%), and December ICE London cocoa #7 (CAZ24 ) is down -30 (-0.56%). Cocoa prices today gave up an early advance and turned lower on the outlook for global cocoa surplus after JSG Commodities said it expects a +99,000 MT…