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Cocoa ETN Looks Sweet After Buyer-Supplier Spate

A cocoa exchange traded note has surged this month after the top producers teamed up and began to operate as what some are calling a new cocoa cartel. The Path Bloomberg Cocoa TR Sub-Index ETN (NYSEArca: NIB) was up another 2.9% Friday after advancing 15.3% over the past week and surging 22.6%...
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