US benchmark cocoa futures ended in the red on Friday, reversing an early rally after speculators banked profits from the benchmark contract's two-week high hit earlier in the session, traders said.
The New York Board of Trade's active cocoa contract for September delivery fell $19 or 1.3 percent to settle at $1,504 per tonne, having dealt from $1,501 to $1,543 - the highest price since July 17.