Weakness in Global Cocoa Demand Pressures Prices
May ICE NY cocoa (CCK26 ) on Friday closed down -181 (-5.38%), and May ICE London cocoa #7 (CAK26 ) closed down -104 (-4.17%). Cocoa prices settled sharply lower on Friday for a second day on signs of weak global demand. The National Confectioners Association reported that North American Q1...
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