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Barchart
Barchart
Rich Asplund

Cocoa Prices Consolidate Below Tuesday's Record Highs

May ICE NY cocoa (CCK24) this morning is down -112 (-1.14%), and May ICE London cocoa #7 (CAK24) is up +35 (+0.43%).

Cocoa prices this morning are mixed as prices consolidate below Tuesday's all-time highs.  Today’s rally in the dollar index to a 6-week high fueled some long liquidation pressure in cocoa futures.  

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