Cocoa Futures Little Changed

Bill Chippas

February 17, 2017 5:36am Comments

May New York Cocoa is trading at 2044, up 3 $/MT.

July New York Cocoa is trading at 2051, up 4 $/MT.

New York Cocoa futures are trading steady after Thursday's move up.

Street estimates for the Ivory Coast's 2016 to 2017 cocoa production are near 2 million tonnes, up 26 percent versus a year ago and 11 percent above the record high of 2014 to 2015.

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Posted-In: cocoa futures Futures Commodities Markets

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