Cocoa Prices Retreat on Forecasts for Rain in West Africa
December ICE NY cocoa (CCZ24 ) on Tuesday closed down -185 (-2.31%). September ICE London cocoa #7 (CAU24 ) closed down -547 (-8.71%). Cocoa prices fell sharply Tuesday, with London cocoa posting a 3-month low. An improved weather outlook sparked long liquidation in cocoa futures on Tuesday after Maxar Technologies...
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