Cocoa Prices Consolidate Recent Losses
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May ICE NY cocoa (CCK25 ) Wednesday closed up +49 (+0.61%), and May ICE London cocoa #7 (CAK25 ) closed up +69 (+1.12%). Cocoa prices Wednesday settled moderately higher as they consolidated above recent lows. Gains in London cocoa accelerated Wednesday when the British pound (^GBPUSD ) fell to a…
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