Concerns of Tight Supplies Push Cocoa Prices Higher
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July ICE NY cocoa (CCN25 ) Friday closed up +183 (+1.82%), and July ICE London cocoa #7 (CAN25 ) closed up +225 (+3.40%). Cocoa prices on Friday extended this week’s rally to 2-week highs due to the slowing pace of Ivory Coast cocoa exports, signaling tighter future cocoa supplies. Monday’s…
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