Cocoa Prices Rebound on Better-Than-Expected Cocoa Demand

May ICE NY cocoa (CCK25 ) today is up +269 (+3.32%), and May ICE London cocoa #7 (CAK25 ) is up +220 (+3.77%). Cocoa prices jumped today on signs of better-than-expected global cocoa demand. Q1 European cocoa grindings fell -3.7% y/y to 353,522 MT, a smaller decline than expectations for...