Short Covering Pushes Cocoa Prices Higher

May ICE NY cocoa (CCK25 ) Wednesday closed up +94 (+1.17%), and May ICE London cocoa #7 (CAK25 ) closed up +52 (+0.90%). Cocoa prices recovered from early losses on Wednesday and settled moderately higher as a weaker dollar (DXY00 ) sparked short covering in cocoa futures. Last Wednesday, NY...