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Posted on May 7, 2013 by admin

Cocoa Falls as Technical Indicators Turn Bearish; Coffee Drops

Cocoa fell in London and extended declines in New York as technical indicators turned bearish amid sufficient global supplies. Coffee retreated. Cocoa climbed 9 percent so far this year on NSYE Liffe and 7.3 percent on ICE as money managers boosted …
http://www.bloomberg.com

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