Cocoa Finishes Sharply Higher After Ghana’s Less Than Expected Price Hike for Farmers

December ICE NY cocoa (CCZ24 ) Wednesday closed up +457 (+6.29%), and December ICE London cocoa #7 (CAZ24 ) closed up +122 (+2.33%). Cocoa prices Wednesday rallied sharply, with NY cocoa posting a 1-1/2 week high. Cocoa rallied Wednesday after the Ghana government raised the price that its cocoa regulator…

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