Benchmark cocoa futures rose about 1.5 percent to end at the loftiest price in two weeks, bolstered by speculative buying in London's cocoa market together with a flagging dollar, traders said on Thursday.
The New York Board of Trade's active cocoa contract for May delivery gained $22 to settle at $1,509 a tonne, its loftiest finish since March 17, after trading from $1,491 to $1,513. NYBOT's July cocoa advanced $22 to end at $1,533 a tonne and longer-dated positions climbed $22 to $23.
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