London Cocoa Futures Rise 0.8% Near One-Month High
London cocoa futures rose 0.8% to £4,351 per metric ton at 1508 GMT after setting a one-month high of £4,499 on Wednesday. The report cited stronger-than-expected demand data from Asia and Europe.
Cocoa futures stayed close to a one-month high on Thursday, following stronger-than-expected demand data from Asia and Europe. Sugar remained near a 19-month peak. London cocoa on ICE rose 0.8% to £4,351 per metric ton at 1508 GMT. The contract had reached a one-month high of £4,499 on Wednesday.