Favorable Growing Conditions in West Africa Hammers Cocoa Prices
July ICE NY cocoa (CCN25 ) Wednesday closed down -263 (-2.65%), and July ICE London cocoa #7 (CAN25 ) closed down -202 (-3.14%). Cocoa prices on Wednesday added to Tuesday's losses and settled sharply lower, with London cocoa falling to a 2-1/2 week low. Rain forecasts for West Africa are...
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