Cocoa Price Selloff Accelerates as Global Supply Prospects Improve
December ICE NY cocoa (CCZ25) on Friday closed down -291 (-4.49%), and December ICE London cocoa #7 (CAZ25 ) closed down -225 (-4.99%). Cocoa prices extended their plunge this week on Friday, with NY cocoa posting a 19-month low in its nearest futures and London cocoa reaching a 20-month low....
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