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Rich Asplund

NY Cocoa Retreats from a 12-Year High as Dollar Strength Sparks Long Liquidation

Ice NY London ICCO

Sep ICE NY cocoa (CCU23) on Monday closed -34 (-0.97%), and Sep ICE London cocoa #7 (CAU23) closed +14 (+0.53%).

Cocoa prices Monday settled mixed. NY cocoa fell back from a 12-year nearest-futures high and closed moderately lower as a stronger dollar sparked long liquidation in cocoa futures.

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