Cocoa Prices Sink on Abundant Supplies

December ICE NY cocoa (CCZ26 ) closed down -207 (-3.46%) on Thursday, and December ICE London cocoa #7 (CAZ26 ) closed down -125 (-2.86%). Cocoa prices fell to 1-week lows on Thursday and settled sharply lower as near-term supplies are seen as adequate. Cocoa prices have been under pressure over...