Cocoa Demand Concerns Hammer Prices
September ICE NY cocoa (CCU25 ) Thursday closed down -317 (-3.78%), and September ICE London cocoa #7 (CAU25 ) closed down -248 (-4.57%) Cocoa prices on Thursday posted sharp losses due to concerns about cocoa demand. Chocolate maker Barry Callebaut AG reduced its sales volume guidance for a second time...
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