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Barchart
Barchart
Rich Asplund

Cocoa Prices Post New Record Highs on Uncertainty About Global Cocoa Output

Ice London Ivory Coast ICCO

May ICE NY cocoa (CCK24) this morning is up +126 (+1.57%), and May ICE London cocoa #7 (CAK24) is up +233 (+3.56%).

The May NY and London cocoa futures contracts today extended their parabolic two-month-long rally to new record highs on continued concern about tight cocoa supplies from West Africa.

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