Home Commodities Commodity Roundup: Cocoa retreats from recent highs on profit-taking; precious metals fall

Commodity Roundup: Cocoa retreats from recent highs on profit-taking; precious metals fall

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Human hand full of dried cocoa seed

Human hand full of dried cocoa seed

Capuski/E+ via Getty Images

Cocoa futures (CC1:COM) plunged more than 13% on Tuesday to $8,327.59 per tonne, extending losses to a second session, as traders navigate a volatile market.

The most-active contract fell as much as 17% to $8,800 a ton in New York, the biggest intraday drop in data going back to

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