Rain in West Africa Sparks Long Liquidation in Cocoa
March ICE NY cocoa (CCH25 ) Monday closed down -221 (-1.91%), and March ICE London cocoa #7 (CAH25 ) closed down -131 (-1.43%). Cocoa prices dropped to 1-week lows on Monday as weekend rains in the Ivory Coast and Ghana eased the dry conditions caused by the seasonal Harmattan winds...
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