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Rich Asplund

Cocoa Prices Slump Amid Abundant Supplies

Ice NY London

September ICE NY cocoa (CCU26) on Thursday closed down -27 (-0.51%), while September ICE London cocoa #7 (CAU26) closed unchanged.

NY cocoa prices fell on Thursday, adding to Wednesday’s -4.98% plunge to a 2-month low on continued concern about abundant supplies.

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