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Rich Asplund

Cocoa Prices Slump Amid Weak Demand and Abundant Supplies

Ice the European Cocoa Association NY London

September ICE NY cocoa (CCU26) today is down -26 (-0.49%), and September ICE London cocoa #7 (CAU26) closed unchanged.

NY cocoa prices are moderately lower today, adding to Wednesday’s -4.98% plunge to a 2-month low on continued concern about tepid demand and abundant supplies.

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