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Weak Global Demand Hammers Cocoa Prices

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on Thursday closed down -124 (-2.44%). March ICE London cocoa #7 (CAH26) closed down -86 (-2.30%). This week's slump in cocoa prices continued on Thursday, with NY cocoa sinking to a nearly 2-year low and London cocoa falling to a 1.5-month low. Signs of weak global cocoa demand are hammering…

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