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Cocoa Slumps on Better Mid-Crop Outlook and Lower Bullish Bets

Cocoa futures slumped as rains in West Africa boost mid-crop prospects even as hedge funds continue to cut their bullish bets.

Kgaogelo MatshwiKgaogelo Matshwi
Apr 29, 2024 - 12:16
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Cocoa Slumps on Better Mid-Crop Outlook and Lower Bullish Bets
Cocoa futures slumped as rains in West Africa boost mid-crop prospects even as hedge funds continue to cut their bullish bets.
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