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Barchart

Rich Asplund

Cocoa Prices Sink on Abundant Supplies

Ice Ivory Coast Ghana London NY

December ICE NY cocoa (CCZ26) closed down -207 (-3.46%) on Thursday, and December ICE London cocoa #7 (CAZ26) closed down -125 (-2.86%).

Cocoa prices fell to 1-week lows on Thursday and settled sharply lower as near-term supplies are seen as adequate.

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