Saturday 7 December 2019
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brecorder - 19 days ago

NY cocoa slips back after hitting 1-1/2 year high

Recent strengthening in nearby premiums for both New York and London cocoa had created a bullish mood with funds extending long positions in both markets. Freezing conditions have curbed sugar production in the United States and Canada while drought has dented Mexico s output. LONDON: New York cocoa futures hit a 1-1/2 year high on Monday [ ]


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