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Cocoa Prices Settle Higher on Ivory Coast Harvest Delays

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsNatural Disasters & Weather

December ICE NY cocoa rose 0.57 (1.00%) to a one-month high, while December ICE London cocoa gained 13 (0.30%) to a six-week high on Tuesday. Reports of heavy rains in the Ivory Coast accompanied the price gains; the article excerpt provides no further detail on the weather’s impact.

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