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 . . .
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 . . .
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