Cocoa Prices Correct Higher From Their Month-Long Decline
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July ICE NY cocoa (CCN24 ) today is +126 (+1.70%), and July ICE London cocoa #7 (CAN24 ) is up +116 (+1.90%). Cocoa prices today are moving moderately higher for a second day. Prices are correcting upward from the month-long decline to Monday’s 2-1/2 month lows. Short covering in cocoa…
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