Cocoa Prices Retreat as ICE Inventories Climb
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July ICE NY cocoa (CCN25 ) Wednesday closed down -155 (-1.43%), and July ICE London cocoa #7 (CAN25 ) closed down -187 (-2.45%). Cocoa prices on Wednesday retreated on signs of ample inventories. ICE-monitored cocoa inventories held in US ports climbed to a 7-3/4 month high Wednesday of 2,165,175 bags….
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