New York cocoa plunges 11% weekly; raw sugar hits three-week low
ICE New York cocoa fell Friday to post an 11% weekly loss, while London cocoa recorded its third consecutive week of losses. Raw sugar dropped to a three-week low; coffee rose.
ICE New York cocoa fell sharply on Friday, finishing with an 11% weekly loss. London cocoa marked a third straight week of declines. Raw sugar dropped to a three-week low, while coffee advanced. London cocoa ICEEUR:C1!
5%, at £3,934 per metric ton. The market was down 9% in t…