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Barchart
Barchart
Rich Asplund

INSANE: Cocoa prices rebound on short covering - The Real Truth

July ICE NY cocoa (CCN26) on Tuesday closed up +116 (+3.06%), and July ICE London cocoa #7 (CAN26) closed up +88 (+3.06%).

Cocoa prices settled sharply higher on Tuesday on some fund short covering, following the -6% plunge in prices over the past three sessions.

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