Excessive Ivory Coast Rains Disrupt Cocoa Supplies and Boost Prices

December ICE NY cocoa (CCZ26 ) closed up +159 (+3.24%) on Thursday, and ICE London cocoa #7 (CAZ26 ) closed up +75 (+2.00%). Cocoa prices rallied sharply for a second day on Thursday as short covering intensified in cocoa futures on reports of heavy rains in the Ivory Coast that...