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July ICE NY cocoa (CCN24) on Monday closed down -246 (-2.48%), and July ICE London cocoa #7 (CAN24) closed down -54 (-0.68%). Cocoa prices Monday posted moderate losses. Monday’s rally in the dollar index (DXY00) to a 3-1/2 week high pressured most commodity prices, including cocoa. Last Friday, cocoa prices rallied to 5-week highs on concern that Ivory Coast mid-crop cocoa sales restrictions will further tighten supplies. Last 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…

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