Cocoa Prices Supported by Forecasts for Dry Weather in the Ivory Coast
December ICE NY cocoa (CCZ26) closed up +24 (+0.45%) on Monday, and December ICE London cocoa #7 (CAZ26) closed up +27 (+0.69%). Cocoa prices recovered from 8-week lows on Monday and settled higher as short-covering was spurred by forecasts of dry weather …