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Market Impact: 0.35
Rising ICE Inventories and Demand Fears Undercut Cocoa Prices
Source: Nasdaq
Commodity FuturesCommodities & Raw Materials
December ICE New York cocoa fell 2.61% (-149), while December ICE London cocoa declined 2.01% (-85), extending losses for a second day. Prices were pressured by ICE cocoa inventories rising to a 2.25-year high of 3,538,981 bags.
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