US cocoa futures landed on positive ground Wednesday, fuelled by speculative and trade buying amid bullish technical signals on the price charts and a softer dollar, traders said.
The New York Board of Trade's cocoa contract for December delivery gained $22 to settle at $1,499 a tonne, the loftiest since September 5, after trading from $1,472 to $1,504. March advanced $18 to end at $1,534 and back months rose $13 to $17.
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