December ICE NY cocoa (CCZ24) Friday closed up +159 (+1.96%), and December ICE London cocoa #7 (CAZ24) closed up +212 (+3.98%). Cocoa prices posted moderate gains on Friday but remained below Thursday’s highs when NY cocoa posted a 2-week nearest-futures high and London cocoa posted a 1-month high. Tightness in cocoa supplies is pushing prices higher. ICE-monitored cocoa inventories held in US ports have been trending lower for the past 15 months and fell to a 15-year low Thursday of 2,135,872 bags. Friday’s fall in the dollar index to a 14-month low is another bullish factor for most commodit…