Wed 22 Dec 2010
Apparently the cocoa markets aren’t that worried about one third of their supply . . .
Posted by Ed under Africa, globalization, research
[2] Comments
Hmm, the last month of cocoa pricing, via the International Cocoa Organization
Prices are only up 7%? Despite everything going on in Cote d’Ivoire? I can only assume there is a massive oversupply out there cushioning this market . . .
2 Responses to “ Apparently the cocoa markets aren’t that worried about one third of their supply . . . ”
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There is about 241 million kilograms out there that is cushioning things. http://www.telegraph.co.uk/finance/markets/7895242/Mystery-trader-buys-all-Europes-cocoa.html