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Rich Asplund

Cocoa Prices Consolidate Below Last Week's 12-Year High

Ice London NY United States

Sep ICE NY cocoa (CCU23) on Wednesday closed +19 (+0.54%), and Sep ICE London cocoa #7 (CAU23) closed -3 (-0.11%).

Cocoa prices Wednesday settled mixed as prices are consolidating just below last week's 12-year high. Wednesday's rally in the dollar index to a 3-1/2 week high limited gains in cocoa prices.

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