Cocoa Prices Extend Rally on Shipping Threats
May ICE NY cocoa (CCK26 ) today is up +147 (+4.47%), and May ICE London cocoa #7 (CAK26 ) is up +115 (+4.88%). NY cocoa prices today are sharply higher as the 1.5-week-long short-covering rally continues. The ongoing war in Iran has sparked short covering in cocoa futures amid concern...
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