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ICE US Review: Cocoa drops on economic jitters

This article was originally published in The Public Ledger

COCOA contracts traded on the ICE Futures US platform finished Monday's session on the defensive with declines associated with the economic jitters among global investors. The renewed concerns about the world's economy was spurred by the lowering of the US's credit rating due to its ongoing debt situation. Concerns the US economy could be heading for a recession also sparked some additional selling in commodities, including cocoa.

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