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Cocoa Prices Sink on Plentiful Supplies and Weak Demand
7+ mon, 2+ day ago (411+ words) March ICE NY cocoa (CCH26) on Wednesday closed down -43 (-1.13%), and March ICE London cocoa #7 (CAH26) closed down -14 (-0.51%). Cocoa prices extended their six-week-long plunge on Wednesday, with NY cocoa posting a 2.25-year nearest-futures low and London cocoa posting a 2.5-year low. Abundant global…...