West Africa Rain Pummels Cocoa Prices
July ICE NY cocoa (CCN25 ) Friday closed down -1,221 (-12.61%), and July ICE London cocoa #7 (CAN25 ) closed down -149 (-2.51%). Cocoa prices plummeted on Friday, with NY cocoa posting a 2-month low and London cocoa posting a 2-1/2 month low. Rain forecasts for West Africa are expected...
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