Colosseum a.s. (Colosseum a.s.)
Commodities  |  September 13, 2010 15:18:00

Better crop report pushed the price of cocoa on a one-year minimum



Colosseum London cocoa price continues to drop, and fell to the lowest value in the last year. The reason there are reports of better crops in Africa. The region's largest producer of commodities in the world. Deliveries of cocoa beans in Côte d'Ivoire to the ports of Abidjan and San Pedro in the week ending 29th approximately doubled year on year in August to 8,266 tons. Exports from the country in July increased by 77%. Higher expected crop and Ghana. The December contract on the NYSE, declining cocoa Liff by 32 pounds to L 1 824 per tonne. The main crop is harvested in the Ivory Coast in the period from 1 October to 31 of March.

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Lepší zprávy o úrodě tlačí cenu kakaa na jednoleté minimum

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