December ICE NY cocoa (CCZ25) closed down 123 points (−1.75%), and December ICE London cocoa #7 (CAZ25) was down 49 points (−1.00%). Cocoa prices dipped after touching earlier lows this week, as improved rainfall in Ivory Coast has boosted hopes for the upcoming West African cocoa crop.
Read MoreAfDB approves €115.66 million for agricultural and cross‑border infrastructure The African Development Bank’s board approved a €115.66 million loan for the second phase of the Cross-border and Agricultural Areas Access Program in Côte d’Ivoire, which will support agricultural value chains and infrastructure in border regions.
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