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September 01, 2020 10:18am
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Chocolate High: Cocoa ETNs Surge

The growing middle class in the emerging markets is gobbling up chocolate confections, pushing cocoa prices and related exchange traded notes to near three-year highs. The iPath DJ-UBS Cocoa TR Sub-Index ETN (NYSEArca: NIB) is up 14.1% year-to-date while the iPath Pure Beta Cocoa ETN (NYSEArca:...
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