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Cocoa Screams Higher

Cocoa Screams Higher

April 27, 2018

On Thursday, April 26, the price of July cocoa futures came within $57 of $3000 per ton. In my latest piece for Seeking Alpha, I review the price action in the cocoa futures market and explain why lots of price congestion around the $3000 level could slow the ascent of the primary ingredient in chocolate confectionery products.

Article: Cocoa Screams Higher

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