Cocoa Prices Close Higher on Dollar Weakness and Tight Supplies
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March ICE NY cocoa (CCH25 ) Friday closed up +101 (+0.91%), and March ICE London cocoa #7 (CAH25 ) closed up +46 (+0.51%). Cocoa prices Friday settled moderately higher. Friday’s weaker dollar sparked some short covering in cocoa futures. Shrinking global cocoa stockpiles are also bullish for prices. ICE-monitored cocoa…
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