New York cocoa hits 7-1/2-month peak, gains 15% in the week
Source: Live Mint (Adds comments on coffee, updates prices to settlement) LONDON, Dec 13 (Reuters) – Cocoa prices hit fresh 7-1/2-month peaks on Friday, posting gains for five consecutive weeks as the market remains concerned that this season’s supply recovery will not be enough to make up for three seasons of deficit. Meanwhile, Arabica coffee…