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Recent news articles discuss cocoa hitting multi-year
highs based on concerns over production in the Ivory Coast, the world's biggest producer. Below you can find links to articles
in the news that discuss market fundamentals that could potentially affect the price of cocoa. Before you start investing
in the cocoa commodities market you should do your own research.
1. Bloomberg.com "Cameroon
Average Cocoa Export Price Dropped 0.3% in Week" April 24, 2012 The average export
price for cocoa from Cameroon fell by 0.3 percent to 1,063 francs a kilogram (2.2 pounds) in the week though April 23, according
to Bloomberg News calculations made using data from the Cocoa and Coffee Board.
2. Bloomberg.com “Cocoa Use to Exceed Supply by 94,000 Tons,
Marex Spectron Says” February 3, 2012 Cocoa demand will
exceed supplies by 94,000 metric tons in the 2011-12 season started in October, reversing a previous forecast for a surplus
of 32,000 tons, Marex Spectron Group said.
3. Bloomberg.com "Cocoa Falls as Industry is 'Well Stocked,'
Barry Callebaut Says" January 17, 2012 Cocoa prices have fallen because the industry is “well stocked” and the current
crop is off to a “good start,” according to Barry Callebaut AG, the world’s largest maker of bulk chocolate.
4. Bloomberg.com "Chocolate Binge
Topping $100 Billion Boosts Cocoa: Commodities" November 24, 2011 Shrinking cocoa harvests in West Africa, the largest producing region, are diminishing
a glut of beans just as sales of chocolate confectionery exceed $100 billion for the first time ever.
5. Bloomberg.com "Cocoa Falls Most in
Six Weeks as World Output Tops Demand; Coffee Declines" June 16, 2011 There may be a global cocoa surplus of 156,000 metric tons in the season
that ends in September. Prices of the beans will drop because of record production in Africa, the world’s largest supplier.
6. Bloomberg.com “Ivory Coast Cocoa Beans Pile Up at Farms After
Prices Plummeted” April 28, 2011 Cocoa farmers in Ivory Coast said beans are piling up at the farms
or being smuggled to neighboring countries after a civil war left the industry in disarray.
7. Bloomberg.com "Cocoa Rises to Highest Price Since 1979 on
Ivory Coast Concern"
February 22, 2011 Cocoa rose to a 32-year high in New York on concern that supplies from
Ivory Coast, the world's biggest producer, will continue to be disrupted as an export ban of the chocolate ingredient is extended.
Click here to contact a licensed commodities broker with experience
in the cocoa market.
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