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Cocoa Prices Climb as Excessive Ivory Coast Rains Slow Cocoa Deliveries
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesNatural Disasters & WeatherTrade Policy & Supply Chain
December ICE New York cocoa rose 185 points (3.26%), while December ICE London cocoa gained 125 points (2.95%), with both contracts reaching two-week highs. The article attributes the second session of sharp gains to supply concerns after excessive rainfall in Ivory Coast cut off roads.
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