Cocoa Prices Slide on Dollar Strength
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May ICE NY cocoa (CCK25 ) today is down -187 (-2.02%), and May ICE London cocoa #7 (CAK25 ) is down -123 (-1.65%). Cocoa prices today are moderately lower. Today’s rally in the dollar index (DXY00 ) to a 2-week high weighs on most commodity prices, including cocoa. Also, signs…
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