Cocoa Prices Pressured by Signs of Abundant Supplies
December ICE NY cocoa (CCZ26 ) closed down -116 (-1.95%) on Tuesday, and September ICE London cocoa #7 (CAU26 ) closed down -100 (-2.35%). Cocoa prices settled lower on Tuesday, with NY cocoa falling to a 1-week low. Signs of abundant global cocoa supplies are weighing on prices. Last Friday,...
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