Cocoa Prices Close Mildly Higher Despite 2.5-year High in ICE Inventories
December ICE NY cocoa (CCZ26 ) closed +10 (+0.18%) on Friday, and December ICE London cocoa #7 (CAZ26 ) closed up +17 (+0.41%). NY cocoa prices closed higher on Friday despite rising ICE cocoa inventories. ICE cocoa inventories have steadily increased since the start of the year, climbing to a...