Cocoa Prices Retreat on Beneficial Crop Weather in West Africa
July ICE NY cocoa (CCN25 ) Monday closed down -317 (-3.24%), and July ICE London cocoa #7 (CAN25 ) closed down -218 (-3.33%). Cocoa prices on Monday gave up an early advance and fell sharply due to favorable weather in West Africa, which is expected to aid cocoa crop development...
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