Cocoa: Tighter Inventories Suggest Market Growth By 2028 At 5.3% CAGR

ICE-monitored NY cocoa inventories held in U.S. ports are moderately above the 9.5 month low from January 3. Also, ICE-monitored cocoa stockpiles held in EU ports fell to a 10-month low Monday of 112,820 Megatons (MT).