Favorable West African Weather Weighs on Cocoa Prices
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May ICE NY cocoa (CCK25 ) today is down -56 (-0.69%), and May ICE London cocoa #7 (CAK25 ) is down -88 (-1.39%). Cocoa prices today are moderately lower as favorable weather in West Africa aids pod developments and should boost yields for the upcoming mid-crop cocoa harvest. Cocoa prices…
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