Favorable West African Weather Weighs on Cocoa Prices
December ICE NY cocoa (CCZ25 ) on Thursday closed down -152 (-2.06%), and December ICE London cocoa #7 (CAZ25 ) closed down -87 (-1.71%). Cocoa prices dropped to 1-week lows on Thursday and settled sharply lower. Cocoa has been under pressure over the past three sessions as rain in West...
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