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Barchart
Barchart
Rich Asplund

Cocoa Prices Erase Early Gains on Demand Concerns

Ice ICCO NY Ivory Coast London Ghana

September ICE NY cocoa (CCU25) today is down -87 (-1.01%), and September ICE London cocoa #7 (CAU25) is down -10 (-0.18%).

Cocoa prices gave up an early advance today and turned lower, with NY cocoa falling from a 5-week high.  Concerns over tepid chocolate demand are bearish for cocoa prices.

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