Cocoa Prices Consolidate Below Last Week’s Highs
March ICE NY cocoa (CCH25 ) on Tuesday closed up +106 (+0.90%), and March ICE London cocoa #7 (CAH25 ) closed down -238 (-2.54%). Cocoa prices remained volatile in thin holiday trade as they consolidated below their recent highs. NY cocoa last Wednesday posted an all-time nearest-futures high, and London…