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Rich Asplund

Cocoa Prices Pressured by a Stronger Dollar

Ice ICCO Ivory Coast Deficit

July ICE NY cocoa (CCN24) on Monday closed down -246 (-2.48%), and July ICE London cocoa #7 (CAN24) closed down -54 (-0.68%).

Cocoa prices Monday posted moderate losses. Monday's rally in the dollar index (DXY00) to a 3-1/2 week high pressured most commodity prices, including cocoa.

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