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Barchart
Barchart
Rich Asplund

UNBELIEVABLE: Robust supplies and tepid demand hammers cocoa prices | History Defined

March ICE NY cocoa (CCH26) on Wednesday closed down -283 (-6.38%), and March ICE London cocoa #7 (CAH26) closed down -208 (-6.72%).

Cocoa prices fell sharply on Wednesday, with London cocoa plunging to a 2.25-year nearest-futures low.  Abundant global supplies and falling demand are keeping pressure on cocoa prices.  

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