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Cocoa Prices Fall on Rising ICE Inventories and Higher Nigerian Exports

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows

December ICE New York cocoa fell 0.43% to 24 lower, reaching a new two-week low, as rising ICE cocoa inventories and technical selling weighed on prices. December ICE London cocoa rose 0.41% to 17 higher; the article also mentions bearish news concerning Nigeria’s September data but provides no further details.

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