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London cocoa futures rose 15% to £4,343 per metric ton at 1513 GMT, reaching their highest since early September, as adverse El Niño-linked weather affected key growing regions. Raw sugar moved back toward last week's 19-month peak.
LONDON, Oct 13 (Reuters) — Cocoa futures on ICE hit their highest in about a month on Tuesday amid adverse El Niño-linked weather in key growing regions, while raw sugar steadied and was off last week's 19-month peaks. Cocoa London cocoa rose 2.2% to £4,375 a metric ton at 1300 GMT, having hit its highest since early
ICE London cocoa rose 2.2% to £4,375 a metric ton at 1300 GMT, its highest since about a month ago, amid adverse El Niño-linked weather in key growing regions.