Cocoa Prices Erase Early Gains as the Dollar Rallies

May ICE NY cocoa (CCK25 ) today is down -102 (-1.10%), and May ICE London cocoa #7 (CAK25 ) is down -117 (-1.81%). Cocoa prices today gave up early gains and turned lower as a stronger dollar (DXY00 ) sparked long liquidation in cocoa futures. The recovery in cocoa inventories...