July cocoa has found mild strength this morning and is holding above this week’s lows around the $2,200 level. Recent negative developments in the Euro zone continue to pressure cocoa prices, as current and upcoming European cocoa demand is likely to decline if that region’s debt problems continue to rattle global financial markets. Continue Reading…

July cocoa continues to find pressure from negative outside market factors this morning, although prices are holding well above their weekly lows. The ongoing political and economic problems in Greece are helping to fuel a “risk off” attitude throughout physical commodity markets, which may be keeping July cocoa from reaching a new weekly high early in today’s session. Continue Reading…

July cocoa remains under pressure this morning, although prices have been able to hold above Monday’s spike low. Negative outside market factors are clearly weighing on cocoa prices this week, as the Dollar has climbed to a new 4-month high while global equity markets continue to slide lower. Continue Reading…

July cocoa was able to recover from early pressure this morning but has made little headway with regaining yesterday’s steep losses. Physical commodity markets have taken the brunt of the recent “risk off” shift in market attitude, with July cocoa falling more than $120 below last week’s highs. Continue Reading…

July cocoa has been under considerable pressure at the start of this week’s trading, with prices unable to overcome the negative impact from outside market factors this morning. While cocoa has not experienced the sort of sharp selloff seen with other commodity markets today, a general “risk off” market attitude is likely to weigh on prices throughout the session. Continue Reading…

Hedge funds and other large investors cut bullish bets on rising commodity prices by the most since November as risk-off sentiment in the wake of the Greek election eased the appetite for higher risk assets. Continue Reading…

July cocoa has been under considerable pressure this morning, although prices were able to put together a moderate rebound from their early lows. Outside market factors continue to be the main source of pressure for cocoa, as slumping equity and commodity prices are reflecting the “risk off” attitude throughout global markets. Continue Reading…

July cocoa is finding moderate pressure this morning, with prices holding near the middle of their recent trading range. This week’s flare-up of Euro zone debt anxiety put considerable pressure on cocoa prices, as a “risk off” shift throughout global equity and commodity markets has kept the market from retesting Monday’s high for the move. Continue Reading…

July cocoa has been unable to capitalize on yesterday’s sizable recovery to a fresh five-month high, and is finding significant pressure early in today’s session. While a large net-short fund position in cocoa provided additional short-covering strength to Monday’s rebound, cocoa’s positive supply/demand outlook has helped to underpin prices near the highs of the recent uptrend. Continue Reading…

July cocoa is likely to face headwinds from negative outside market factors this morning, as equity markets on both side of the Atlantic remain under pressure from this weekend’s election results in Europe. After posting a high to low spread of $214, July cocoa finished last week’s trading with a loss of $20. Continue Reading…