New York Cocoa Slumps Nearly 5% as Citi Turns Neutral Amid Mixed Market Signals (22 July 2026)
New York cocoa experienced a strongly bearish session on 22 July. The September 2026 contract opened at 5,504 and briefly advanced to an intraday high of 5,534 before sustained selling pressure pushed prices below the 5,500 and 5,400 levels. The decline accelerated later in the session,