US benchmark cocoa futures fell 1.2 percent to finish at a 4-month low Friday, weakened by speculative selling amid bearish technical signals and improving supply prospects, market sources said.
The New York Board of Trade's cocoa contract for December delivery shed $19 to settle at $1,510 a tonne, the lowest since April 13, after trading from $1,508 to $1,539. March cocoa lost $18 to end at $1,552 and back months declined $17 to $20. Front-month September retreated $18 to $1,446.