Cocoa Prices Plunge on Improved Cocoa Crop Prospects in West Africa
July ICE NY cocoa (CCN25 ) today is down -572 (-5.62%), and July ICE London cocoa #7 (CAN25 ) is down -207 (-3.04%). Cocoa prices today are sharply lower due to expectations of beneficial rainfall in West Africa, which is expected to improve the prospects for the region's cocoa crop....
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