Supply Concerns Support Cocoa Prices
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May ICE NY cocoa (CCK25 ) Thursday closed up +25 (+0.27%), and May ICE London cocoa #7 (CAK25 ) closed up +3 (+0.04%). Cocoa prices Thursday settled slightly higher. Lingering supply concerns are underpinning cocoa prices after the plunge seen on Monday and last Friday to 3-1/4 month lows, which…
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