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المشهد العربي
Cocoa futures set for 7% weekly decline
Cocoa futures are heading towards a weekly loss of 7%, as prices have declined from their highest levels during trading. This comes amid expectations of increased supplies coinciding with the 2026-2027 season, despite experts pointing to the possibility of a market deficit for the first time in three years due to factors such as the El Niño phenomenon, which could lead to a production drop in Ghana of up to 38%.
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