Cocoa Prices Rebound on Adverse Weather in West Africa
December ICE NY cocoa (CCZ25 ) today is up +161 (+2.23%), and December ICE London cocoa #7 (CAZ25 ) is up +60 (+1.19%). Cocoa prices recovered from 1.5-month lows today and moved sharply higher after weather concerns in West Africa sparked short covering in cocoa futures. Heavy rain in the...
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