Cocoa Prices Surge on Supply Concerns
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December ICE NY cocoa (CCZ24 ) Thursday closed up +523 (+6.41%), and December ICE London cocoa #7 (CAZ24 ) closed up +512 (+7.87%). Cocoa prices Thursday rallied sharply, with NY cocoa posting a 7-week high and London cocoa posting a 4-month high. Supply concerns sparked Thursday’s rally after the European…
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