Dollar Weakness and Tighter ICE Inventories Lift Cocoa Prices
December ICE NY cocoa (CCZ25 ) on Wednesday closed up +123 (+1.63%), and December ICE London cocoa #7 (CAZ25 ) closed unchanged. Cocoa prices moved higher on Wednesday as a weaker dollar (DXY00 ) sparked some short covering in cocoa futures. Also, tighter cocoa inventories are supportive for prices as...
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