Cocoa prices tumble 19%, giving up a chunk of their record-setting gains
Publishing timestamp: 2024-05-13 12:39:58
Summary
Cocoa prices dropped more than 19% on Monday, giving up large part of strong gains that lifted them to all-time highs earlier this year. Despite the steep decline, cocoa is up nearly 70% year to date and 137% over the past 12 months.
Sentiment: MIXED
Tickers: @CC.1,
Keywords: cocoa (may'23), business news, markets, breaking news: markets, commodity markets,