Cocoa is down close to 50% year-to-date, pressured by rising surplus projections StoneX sees a 287k MT surplus, while Rabobank estimates around 250k MT. On top of that, Ghana has reduced farmgate prices by roughly 30%, adding further weight to the market. With the daily RSI
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Cocoa is down close to 50% year-to-date, pressured by rising surplus projections StoneX sees a 287k MT surplus, while Rabobank estimates around 250k MT. On top of that, Ghana has reduced farmgate prices by roughly 30%, adding further weight to the market. With the daily RSI