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Market Impact: 0.42
Cocoa Prices Rally on Supply Risks and West African Weather
Source: Nasdaq
Commodities & Raw MaterialsCommodity Futures
December ICE New York cocoa futures rose $297, or 5.52%, while December London cocoa futures gained $222, or 5.51%, with both reaching two-week highs. The rally extended after Ghana increased the farmgate price paid to cocoa growers for the 2026/27 season, a development that could raise production costs and tighten supply expectations.
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