US benchmark cocoa futures slid about 2 percent to a one-month low on Tuesday, with follow-through speculative selling weighing on the market for the fifth consecutive session, traders said.
The New York Board of Trade's front-month September contract declined $28 to finish at $1,402 a tonne, the lowest since July 8, when the contract plunged to a floor at $1,377 before ending at $1,398.
Earlier today, the contract traded at $1,398.