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Cocoa Prices Recover from Monday’s 3-week Low

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsCurrency & FXEmerging MarketsElections & Domestic Politics

December ICE New York cocoa futures rose 1.75% (+96) and December ICE London cocoa futures gained 2.12% (+88), recovering most of Monday’s losses. Monday’s decline was attributed to a plunge in the Brazilian real following President Luiz Inacio Lula da Silva’s victory.

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