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Rich Asplund

Cocoa Prices Lower on Stronger Dollar

Ice ICCO Deficit Ivory Coast London NY

July ICE NY cocoa (CCN24) today is down -53 (-0.55%), and July ICE London cocoa #7 (CAN24) is down -41 (-0.54%).

Cocoa prices today are moderately lower as a stronger dollar weighed on most commodities, including cocoa. Also, cocoa prices are seeing some fatigue on a lack of fresh bullish news.

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