Improving Supply Outlook Pressures Cocoa Prices
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May ICE NY cocoa (CCK25 ) Monday closed down -40 (-0.51%), and May ICE London cocoa #7 (CAK25 ) closed up +16 (+0.26%). Cocoa prices on Monday settled mixed. Cocoa prices have been on the defensive over the past month, with NY cocoa falling to a 4-month low last Friday…
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