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Cocoa Prices Soar on West African Coast Cocoa Production Concerns

Commodities & Energy

Rich Asplund

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Barchart

March ICE NY cocoa (CCH25 ) today is up +1,193 (+11.78%), and March ICE London cocoa #7 (CAH25 ) is up +997 (+12.28%). Cocoa prices today are soaring on crop production concerns in West Africa. Some Ivory Coast and Nigerian cocoa farmers reported that cocoa trees are beginning to suffer...

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