Last Updated Date: 3 May 2021 @ 11:08 AM (UTC) *Please note that all the dates are in GMT time zone
Cocoa prices close sharply lowen on abundant supplies and uncertain demand.
Overall the market is bearish with a downside breakout likely sending trade to attack a 2332 low. A close under 2332 shall lead the market towards 2236. Current corrective rebounds trapped by 2421 will maintain bear forces.