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Rich Asplund

Cocoa Prices Supported by the Outlook for Tight Global Supplies

Ice ICCO Deficit Ivory Coast

July ICE NY cocoa (CCN24) today is up +88 (+0.89%), and July ICE London cocoa #7 (CAN24) is up +88 (+1.12%).

Cocoa prices today extended Thursday's sharp rally to 5-week highs on concern that tight global cocoa supplies will persist in the medium term.

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