Cocoa Futures Little Higher
May New York Cocoa is trading at 1968, up 13 $/MT.
July New York Cocoa is trading at 1973, up 10 $/MT.
New York Cocoa futures are trading just under the session highs.
Market chatter about West African weather and global Cocoa demand is making the rounds. The International Cocoa Organization estimated that European and North American cocoa grindings will stay flat to slightly higher from a year ago.
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