Cocoa Prices Rally to New 7-1/2 Year High on Supply Concerns
Sep ICE NY cocoa (CCU23 ) on Friday closed +92 (+2.82%), and Sep ICE London cocoa #7 (CAU23 ) closed up +66 (+2.59). Sep NY cocoa prices on Friday posted a new contract high and there was a new 7-1/2 year high on the nearest-futures chart. Cocoa prices rallied sharply...
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