18-07-2025
Cocoa Trims Weekly Loss as Traders Assess Demand Outlook
Cocoa futures rebounded from an eight-month low amid profit taking and as traders assessed the variations in weak grindings data across key consuming regions.
The most-active contract in New York rose as much as 5.8% to $7,735 a ton, helping pare the weekly drop to about 7%. Futures have been under pressure this week as the market mulls the extent of demand destruction following historically high cocoa prices.
