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Cocoa prices continue to climb on the futures markets. Pic: CN

Another week, another record high for cocoa prices

Market update: Analysts have described the upward trajectory of cocoa prices as ‘parabolic’ as cocoa futures rose another 2.7% to a new record of $10,760 a ton in New York on Monday (15 April) before falling back to £10,000 a ton after the dollar index (DXY00) rallied to a 5-1/4 month high.

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