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Rich Asplund

Cocoa Prices Sharply Lower on the Prospects for Ample Global Supplies

Ice London ICCO NY

December ICE NY cocoa (CCZ25) on Tuesday closed down -273 (-4.47%), and December ICE London cocoa #7 (CAZ25) closed down -206 (-4.73%).

Cocoa prices sold off sharply on Tuesday, with NY cocoa posting a 4-week low and London cocoa falling to a 3-week low.

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