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Market Impact: 0.25
Cocoa Prices Recover from Monday’s 3-week Low
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsCurrency & FX
December ICE New York cocoa closed Tuesday up 87 points (+1.58%), while December ICE London cocoa #7 gained 90 points (+2.16%). Prices recovered most of Monday’s losses, which the article attributes to a plunge in the Brazilian real following a response to President Luiz Inácio Lula da Silva.
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