London Cocoa Futures Rise 1.8% After Hitting One-Month Low
London cocoa futures rose 1.8% to £4,088 per metric ton at 1359 GMT, after earlier touching a one-month low of £3,948. The report cites an ongoing stocks overhang.
Cocoa futures on ICE rose on Friday after hitting fresh one-month lows earlier amid an ongoing stocks overhang, while raw sugar also hit its lowest in a month.COCOA* London cocoa ICEEUR:C2! rose 1.8% to £4,088 per metric ton at 1359 GMT, after hitting a one-month low of £3,948* The contract was hea…