July ICE NY cocoa (CCN24) Friday closed up +61 (+0.62%), and July ICE London cocoa #7 (CAN24) closed up +130 (+1.65%). Cocoa prices Friday extended this week’s sharp rally to 5-week highs on concern that tight global cocoa supplies will persist in the medium term. Restrictions of Ivory Coast mid-crop cocoa sales threaten to tighten supplies further and are bullish for prices. On Friday, the Ivory Coast cocoa regulator Le Conseil du Cafe-Cacao told companies and exporters that don’t have processing plants in the Ivory Coast that they can’t buy cocoa beans from the Ivory Coast mid-crop until at …