Short-Covering Boosts Cocoa Prices for a Second Session
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May ICE NY cocoa (CCK25 ) today is up +363 (+4.12%), and May ICE London cocoa #7 (CAK25 ) is up +313 (+4.41%). Cocoa prices today rebounded higher for a second session on some short-covering after the plunge seen on Monday and last Friday, which was driven by concern about…
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