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On Monday, cocoa rallied to an all-time high after the International Cocoa Organization (ICCO) hiked its estimated global deficit for 2024. New York ICE cocoa futures for May delivery soared
On Friday, oil prices slid due to low Chinese demand despite an output cut extension by the Organization of Petroleum Exporting Countries and Allies (OPEC+). The US West Texas Intermediate
On Thursday, coffee prices were boosted as significant watchers reported tighter inventories for robusta and arabica. Coffee futures’ price for May delivery rose by 2.11% to $190.23 per 37,500 lbs.
Sugar prices surge due to trader hoarding, fueled by speculation of reduced supply after a fire incident in a Bangladesh sugar refinery. In the Asian afternoon session, sugar futures traded
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