Cocoa Prices Settle Lower on Year-End Fund Liquidation
March ICE NY cocoa (CCH24 ) on Wednesday closed -3 (-0.07%), and Mar ICE London cocoa #7 (CAH24 ) closed -17 (-0.48%). NY cocoa prices on Wednesday closed moderately lower on profit-taking and end-of-year positioning by funds. Losses in London cocoa accelerated after the British pound (^GBPUSD ) climbed to...
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