Benchmark cocoa futures rose about 2 percent Tuesday as a soft dollar attracted speculators, funds and trade to the market, traders said. The New York Board of Trade's most-active May contract gained $31, or 1.99 percent, to settle at $1,592 a tonne, near the top end of a daily range from $1,562 to $1,598.
The front-month May contract climbed $27 to $1,570 a tonne, while back month cocoa futures advanced $31 to $32.
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