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Barchart

Rich Asplund

Cocoa Prices Fall as ICE Cocoa Inventories Soar

Ice Ivory Coast Ghana

December ICE NY cocoa (CCZ26) is down -146 (-2.49%) today, and December ICE London cocoa #7 (CAZ26) is down -134 (-3.06%).

Cocoa prices are sharply lower today, pressured by rising ICE cocoa inventories. On Monday, ICE cocoa inventories rose to a 2.25-year high of 3,525,434 bags.

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