Supply Concerns Push NY Cocoa Prices to a Record High
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March ICE NY cocoa (CCH25 ) Wednesday closed up +800 (+6.80%), and March ICE London cocoa #7 (CAH25 ) closed up +660 (+7.12%). Cocoa prices soared Wednesday, with NY cocoa posting an all-time nearest-futures high and London cocoa posting an 8-month nearest-futures high. Cocoa prices are surging as the West…
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