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Rich Asplund

Cocoa Prices Settle Sharply Higher on Supply Fears

Ice ICCO London NY

December ICE NY cocoa (CCZ25) on Wednesday closed up +382 (+6.46%), and December ICE London cocoa #7 (CAZ25) closed up +366 (+8.71%).

Cocoa prices rallied sharply on Wednesday, with NY cocoa posting a 2-week high and London cocoa posting a 2.5-week high.

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