Cocoa Prices Jump on Fears of Tighter Supplies

September ICE NY cocoa (CCU25 ) on Wednesday closed up +291 (+3.57%), and September ICE London cocoa #7 (CAU25 ) closed up +114 (+2.13%). Cocoa prices rallied sharply on Wednesday, posting 1.5-week highs. Concerns that a slowdown in the pace of Ivory Coast cocoa exports will tighten global supplies are…