Quality Concerns of the Ivory Coast Mid-Crop Boosts Cocoa Prices
July ICE NY cocoa (CCN23 ) on Friday closed up +77 (+2.57%), and July ICE London cocoa #7 (CAK23 ) closed up +66 (+2.83%). Cocoa prices Friday rallied sharply to contract highs. Quality concerns of the Ivory Coast mid-crop are supporting cocoa prices. Farmers have reported poor cocoa quality, with...
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