Cocoa Prices Rally on Dry West African Weather
September ICE NY cocoa (CCU25 ) on Monday closed up +252 (+2.96%), and September ICE London cocoa #7 (CAU25 ) closed up +293 (+5.34%). Cocoa prices on Monday rallied to 6-week highs. Concerns about dry weather in West Africa that threatens the region's cocoa crops are pushing prices sharply higher....
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