Cocoa Prices Retreat on Dollar Strength

March ICE NY cocoa (CCH25 ) Friday closed down -357 (-3.27%), and March ICE London cocoa #7 (CAH25 ) closed down -224 (-2.54%). Cocoa prices Friday fell sharply lower as a rally in the dollar index (DXY00 ) to a 2-year high sparked long liquidation pressure in cocoa futures. Losses…