Cocoa Settles Lower as Prices Consolidate Recent Gains
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July ICE NY cocoa (CCN24 ) on Thursday closed down -52 (-0.56%), and July ICE London cocoa #7 (CAN24 ) closed down -124 (-1.64%). Cocoa prices Thursday fell back from 3-week highs and closed moderately lower. Long liquidation pressures emerged in cocoa futures Thursday after prices soared more than +15%…
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