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Rich Asplund

Cocoa Prices Post Moderate Losses on Favorable West African Harvest Weather

Ice West Africa London ICCO Ivory Coast NY

December ICE NY cocoa (CCZ24) Wednesday closed down -234 (-2.73%), and December ICE London cocoa #7 (CAZ24) closed down -29 (-0.40%).

Cocoa prices posted moderate losses on Wednesday as favorable weather in West Africa has allowed farmers to return to fields and proceed with the ongoing harvest of the main crop.

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