Slowing Ivory Coast Cocoa Exports Boosts Cocoa Prices
July ICE NY cocoa (CCN25 ) Monday closed up +730 (+8.63%), and July ICE London cocoa #7 (CAN25 ) closed up +214 (+3.69%). Cocoa prices on Monday recovered from early losses and settled sharply higher as signs of a slowing pace of Ivory Coast cocoa exports sparked short covering in…