Cocoa Prices Surge on Supply Fears and Global Weather Risks
December ICE NY cocoa (CCZ26 ) closed up +289 (+5.37%) on Friday, and December ICE London cocoa #7 (CAZ26 ) closed up +207 (+5.13%). Cocoa prices rallied sharply on Friday and posted 2-week highs on positive carryover from Thursday, when Ghana raised the price paid to cocoa farmers for the...