Cocoa Prices Slump on Abundant Supplies
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July ICE NY cocoa (CCN26 ) on Monday fell by -28 (-0.71%), and July ICE London cocoa #7 (CAN26 ) fell by -11 (-0.37%). Monday's sell-off added to last Friday's -4.29% sell-off in NY cocoa and -3.63% sell-off in London cocoa. Cocoa prices have fallen sharply due to rising inventories.......