Cocoa Prices Underpinned by Supply Woes

March ICE NY cocoa (CCH25 ) Friday closed unchanged, and March ICE London cocoa #7 (CAH25 ) closed up +36 (+0.46). Cocoa prices on Friday extended this week’s rally, with Mar NY cocoa and Mar London cocoa posting fresh contract highs. Also, nearest-futures (Z24) NY cocoa posted a 2-3/4 month…