Cocoa Prices Resume Rally on Tight Supplies

May ICE NY cocoa (CCK24) Monday closed up +332 (+5.19%), and May ICE London cocoa #7 (CAK24) closed +285 (+5.45%). May NY cocoa on Monday rallied sharply and edged to a new contract high due to ongoing West African cocoa supply concerns. Lower cocoa pr…

Sugar Prices Recover to 1-1/2 Week High

May NY world sugar #11 (SBK24) on Monday closed up +0.80 (+3.78%), and May London ICE white sugar #5 (SWK24) closed up +19.60 (+3.28%). Sugar prices Monday rallied to a 1-1/2 week high on some short-covering after last week’s 2-month low. Sugar prices …