Cocoa Prices Pressured by West African Rain and Dollar Strength

March ICE NY cocoa (CCH25 ) Friday closed down -220 (-1.96%), and March ICE London cocoa #7 (CAH25 ) closed down -218 (-2.47%). Cocoa prices Friday extended Thursday’s sharp losses, with NY cocoa posting a 2-week low and London cocoa posting a 1-month low. Cocoa prices are under pressure as…
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