Cocoa Prices Continue to Retreat on Long Liquidation Pressure
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March ICE NY cocoa (CCH25 ) on Friday closed down -153 (-1.26%), and March ICE London cocoa #7 (CAH25 ) closed down -173 (-1.79%). Cocoa prices Friday fell sharply, adding to Thursday’s decline, as long liquidation pressure emerged after NY cocoa on Wednesday posted an all-time nearest-futures high and London…
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