Cocoa Prices Finish Sharply Lower as the Supply Outlook Improves

May ICE NY cocoa (CCK25 ) Friday closed down -306 (-3.79%), and May ICE London cocoa #7 (CAK25 ) closed down -162 (-2.60%). Cocoa prices Friday tumbled to 4-1/4 month lows and settled sharply lower. Cocoa prices have been on the defensive over the past five weeks on an improving…