Mounting Supply Concerns Underpin Cocoa Prices
March ICE NY cocoa (CCH25 ) today is up +16 (+0.16%), and March ICE London cocoa #7 (CAH25 ) is up +43 (+0.55). Cocoa prices extended this week’s rally today, with Mar NY cocoa and Mar London cocoa posting fresh contract highs. Also, nearest-futures (Z24) NY cocoa posted a 2-3/4…