The tariff clouds have temporarily dispersed, cocoa has fallen for several weeks in a row to achieve the longest decline in three years.
The Securities Times app noticed that cocoa prices have continued to fall over the past week, with futures hitting the longest consecutive decline in nearly three years. Tariff concerns were eased and improved weather in West Africa exacerbated selling pressure. New York cocoa futures fell 5.4% to $9,140 per ton in midday trading, hitting their lowest level in over three weeks. The contract's 52-week high was $12,646.07.
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