Cocoa Prices Hit A 2 Week Low

03 Nov in Blog, coffee futures, commodity trading, cotton futures, futures trading, Mike Seery, orange juice futures, seeryfutures, sugar futures

Cocoa Futures---Cocoa futures in the December contract settled last Friday in New York at 2115 while currently trading at 2057 down by over 60 points for the week as I had been recommending a bullish position for almost 2 months with an average price of around 2077 getting stopped out in yesterday's trade around the 2055 level as this market absolutely went nowhere as prices finally hit a 2 week low in yesterday's trade.

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