Dollar Strength Undercuts Cocoa Prices
May ICE NY cocoa (CCK25 ) Monday closed down -140 (-1.74%), and May ICE London cocoa #7 (CAK25 ) closed down -61 (-0.97%). Cocoa prices fell on Monday due to a stronger dollar. Cocoa prices have been on the defensive over the past seven weeks and fell to 4-1/2 month...
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