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Barchart
Barchart
Rich Asplund

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

Ice London Ivory Coast ICCO

May ICE NY cocoa (CCK24) on Monday closed up +154 (+1.92%), and May ICE London cocoa #7 (CAK24) closed up +262 (+4.00%).

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

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