Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 09, 2012 10:39:28

Cocoa popped to new highs

ColosseumTop for the last eight months on the ICE Futures exchange traded cocoa on Wednesday in response to drought in West Africa, which is the most important cultivated region of the commodity. In the coming fortnight in the southern regions of Ivory Coast and Ghana are expected less than 1.3 inch of rainfall, which is about a quarter of normal in this time of year. Droughts also plagued region in recent weeks. Cocoa with delivery dates in December strengthened 0.8 percent to close at 2,469 U.S. dollars per tonne, while during the day, the price got up to $ 2,481, up from 18 November last year. and # 160;

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