Cocoa Prices Pressured by Robust Global Supplies and Tepid Demand
May ICE NY cocoa (CCK26 ) on Monday closed down -75 (-2.36%), and March ICE London cocoa #7 (CAH26 ) closed down -78 (-3.45%). Cocoa prices retreated on Monday but remained above last week's 2.75-year nearest-futures lows. International cocoa buyers are reluctant to pay official farm-gate prices for cocoa beans...
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