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Market Impact: 0.25
Cocoa Prices Consolidate Below 11.5-Month Highs
Source: Nasdaq
Commodity FuturesCommodities & Raw Materials
December ICE New York cocoa rose 56 points, or 0.95%, on Wednesday, while December ICE London cocoa #7 gained 63 points, or 1.46%. Prices remain range-bound between a three-week low reached last Tuesday and the 11.5-month high recorded on August 31, indicating modest upward momentum without a confirmed breakout.
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