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Market Impact: 0.2
Supply Risks Support Cocoa Prices
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows
December NY cocoa futures closed up 0.26% and London cocoa gained 0.37% on Thursday after recovering from early losses. NY cocoa rebounded from a two-month low as short covering supported prices, signaling a modest technical recovery rather than a fundamental supply-demand shift.
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