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Cocoa prices extends rally on lower production

Cocoa prices are extending this week's sharp rally as lower production in Cote d'Ivoire underpins prices. Meanwhile, the end of the El Nino and a potential shift to a La Nina weather pattern is set to boost rainfall in West Africa improving soil moisture levels and cocoa yields. Tedd George, Chief Narrative Officer at Kleos Advisory joins CNBC Africa for more.
Thu, 08 Aug 2024 11:28:50 GMT

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