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September 01, 2020 1:28pm
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A Cocoa ETN Is Rallying on Dry Crop Conditions

Dry weather conditions in West Africa have helped the cocoa exchange traded note enjoy a sweet February. The Path Bloomberg Cocoa TR Sub-Index ETN (NYSEArca: NIB) has advanced 11.1% since the late January lows. The November through March months are typically the dry season in the Ivory Coast, the...
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