Cocoa Prices Settle Higher on West African Cocoa Crop Concerns
December ICE NY cocoa (CCZ24 ) Tuesday closed up +170 (+2.02%), and December ICE London cocoa #7 (CAZ24 ) closed up +244 (+3.49%). Cocoa prices Tuesday moved higher, with London cocoa rallying sharply to a 4-month high. Cocoa rallied Tuesday on concern about cocoa crop production in West Africa after…