Cocoa Set for Longest Weekly Losing Run Since 1999 on Demand Dip
NegativeFinancial Markets
Cocoa futures in New York are facing their longest weekly losing streak since 1999, primarily due to a decline in demand despite a more favorable supply outlook. This trend is significant as it highlights the challenges in the cocoa market, which could impact prices and the livelihoods of those dependent on cocoa production.
— Curated by the World Pulse Now AI Editorial System