Colosseum a.s. (Colosseum a.s.)
Commodities  |  January 28, 2013 13:14:28

Cocoa lowest since July 17 last year



ColosseumAt the level of more than six minima weakened during the last trading session last week, the stock market most active ICE Futures U.S. cocoa futures contract. It was a response to reports concerning more than adequate global stocks mentioned commodities. According to the latest data, International Cocoa Organization reported global commodity stocks mentioned in the previous marketing year, which ended on the last day of September, 2012, an increase of 138,000 metric tons to a total of 1.838 billion tons. From 6 September last year, when the price was ten highs, cocoa has dropped in price by 18%. Last trading session last week concluded the March futures contract for cocoa on ICE Futures U.S. exchange depreciation of about 22 cents on the closing price of 2.170 cents per pound of weight, which is the lowest price the most active futures contract from 17 July 2012.

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Kakao nejníže od 17.července loňského roku

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