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Heavy Ivory Coast Rains Spark Short Covering in Cocoa Futures

December ICE NY cocoa (CCZ26 ) is up +154 (+3.25%) today, and ICE London cocoa #7 (CAZ26 ) is up +116 (+3.19%). Cocoa pr...

December ICE NY cocoa (CCZ26 ) is up +154 (+3.25%) today, and ICE London cocoa #7 (CAZ26 ) is up +116 (+3.19%). Cocoa prices are up sharply today as short covering emerged in cocoa futures on reports of heavy rains in the Ivory Coast that damaged roads and are disrupting...

SOURCE: Nasdaq
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