Cocoa Prices Rebound as the Dollar Turns Lower
May ICE NY cocoa (CCK25 ) today is up +80 (+0.96%), and May ICE London cocoa #7 (CAK25 ) is up +113 (+1.76%). Cocoa prices today are moderately higher as they consolidate about last week’s 4-month lows. Cocoa prices today recovered from early losses and turned higher after the dollar…