Rain in West Africa Weighs on Cocoa Prices
December ICE NY cocoa (CCZ25 ) on Tuesday closed down -273 (-3.57%), and December ICE London cocoa #7 (CAZ25 ) closed down -109 (-2.09%). Cocoa prices retreated on Tuesday as rains in West Africa eased dry conditions and may promote flowering of cocoa trees and boost the region's cocoa output,...
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