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Cocoa’s Low Could Stand For A Long Time

May 22, 2017

Cocoa rallied last week as signs of a military uprising in the Ivory Coast gave the market a reason to stop selling and worry about future supplies. In my latest piece for Seeking Alpha, I explain why the threat of problems in the two West African nations that rely on cocoa revenues for political stability could cause the recent lows at $1756 to hold and cause the commodity to enter into a much-needed period of price consolidation above the $2000 per ton level.

Article: Cocoa’s Low Could Stand For A Long Time

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