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US benchmark cocoa futures slipped 1.8 percent Wednesday to finish at a one-week low, pressured by speculative selling and currency-related activity, market sources said.
The New York Board of Trade's cocoa contract for December delivery fell $27 to settle at $1,480 a tonne, the lowest since August 30, after trading from $1,475 to $1,502. March cocoa likewise slid $27 to conclude at $1,520 while back month contracts tumbled $27 to $28.

Copyright Reuters, 2006

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