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September ICE NY cocoa (CCU24) Tuesday closed up +313 (+3.41%), and September ICE London cocoa #7 (CAU24) closed up +61 (+0.96%). Cocoa prices Tuesday rallied sharply for a second day, with NY cocoa posting a 2-month high. Dry weather in West Africa could curb the region’s cocoa production and is pushing prices higher. Forecaster Maxar Technologies recently said that top cocoa-producing countries Ivory Coast and Ghana had seen a “significant decrease in shower activity” over the past month, leading to below-normal soil moisture and limited crop growth. Gains in London cocoa Tuesday were limite…

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