Cocoa Prices Plunge as EU Delays Deforestation Rules

Utweets
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Cocoa Prices Plunge as EU Delays Deforestation Rules

Cocoa futures have plummeted to their lowest levels in nearly two years as the European Union moves toward delaying and revising deforestation regulations while West African supply conditions improve.

New York cocoa futures fell roughly six percent this week, with prices hitting around 4,943 United States dollars (USD) per ton on November 19..Read Original/Full Content.

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