Cocoa prices have been on the defensive since last Friday when the International Cocoa Organization (ICCO) forecasted a global cocoa surplus of 142,000 MT for 2024/25, the first surplus in 4 years.
An improving supply outlook is weighing on cocoa prices after the International Cocoa Organization (ICCO) last Friday forecasted a global cocoa surplus of 142,000 MT for 2024/25, the first surplus in ...
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