US cocoa futures prices slumped to a fresh two-week low on Wednesday, extending the previous session's losses amid continued dollar strength and light speculative selling, traders said. The New York Board of Trade's most-active September cocoa contract lost $12 to settle at $1,497 a tonne, after trading from $1,488 to $1,506. It was the contract's lowest finish since June 14.
Front-month July cocoa slumped $14 to $1,485, while longer-dated cocoa contracts shed $12.