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Cocoa Prices Pressured by Soaring ICE Inventories

Source: Nasdaq

Commodities & Raw MaterialsCommodity Futures

Cocoa futures touched fresh five-week lows Friday as ICE cocoa inventories eased supply concerns, though prices recovered from their session lows and settled mixed. December ICE New York cocoa fell 26 points (0.50%), while ICE London cocoa #7 rose 19 points (0.49%).

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