New York Board of Trade cocoa futures weakened Thursday, depressed again by speculative selling the day after it scaled a new five-week high, market sources said. NYBOT's cocoa contract for September delivery fell $12, or 0.8 percent, to settle at $1,479 a tonne, near the bottom of a trading range from $1,475 to $1,502.
December eased $13 to $1,513 a tonne, and back month contracts retreated $11 to $12.