Cocoa Prices Retreat on Demand Concerns
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May ICE NY cocoa (CCK25 ) Monday closed down -264 (-3.10%), and May ICE London cocoa #7 (CAK25 ) closed down -237 (-3.82%). Cocoa prices retreated on Monday on signs of weak cocoa demand. Malaysia reported Monday a -15.3% y/y decline in Q1 cocoa processing to 84.192 MT, and Brazil…
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