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Cocoa Prices Retreat on Supply Optimism

December ICE NY cocoa (CCZ26 ) closed down -262 (-5.24%) on Tuesday, and ICE London cocoa #7 (CAZ26 ) closed down -145 (...

December ICE NY cocoa (CCZ26 ) closed down -262 (-5.24%) on Tuesday, and ICE London cocoa #7 (CAZ26 ) closed down -145 (-3.84%). Cocoa prices extended their three-week-long sell-off on Tuesday and posted 4.5-month lows. Cocoa prices have trended lower over the past three weeks as rising ICE cocoa inventories...

SOURCE: Nasdaq
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