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Cocoa Prices Gain on the Outlook for Tighter Supplies from Ghana
Source: Nasdaq
Commodities & Raw MaterialsCommodity Futures
December ICE New York cocoa rose 58 points (+0.97%), while December ICE London cocoa #7 gained 55 points (+1.27%). Prices were supported by Ghana’s proposal to raise cocoa farmers’ pay 6% for the 2026/27 season, a development that could increase production costs and underpin cocoa futures.
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