Cocoa little Higher

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Cocoa futures are trading a little higher Tuesday. May Cocoa is trading at 2701, up 6. July Cocoa is trading at 2699, up 3. Trading is range-bound after a weak open. Chatter about weather outlooks along with demand forecasts has kept both buyers and sellers active. Ivory Coast cocoa port arrivals are coming in around 6,000 tonnes below last year at this time. While the seasonal total is more 40,000 tonnes ahead of last season. Market talk about currency values and other markets effects on trading is constant.
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