September ICE NY COCOA (CCU25) Friday Close Up +205 (+ 2.52%), and September Ice London Cocoa # 7 (Cau22) Closed +142 (2.66%).
Cocoa’s prices today are very high because of anxiety about dry climates in West Africa. According to the European Weather Center, Rain Coast and Ghana Weather Center at this time we live below 30 years of temperatures, hazardously damages cocoa pod main harvests starting in October.
Cocoa prices send 2 weeks Thursday for worry that the speed of Ivory Coast Coco Export will strengthen global objects. Government’s information has shown that Ivory Coast farmers have been sent to Cocoa Cocoa until October 17 to July 20, 35% wake up in December.
A short short term of goods in London Cocoa The future exalts short covering power. On Friday, the future of Ice Europe reported that the money strengthened their London Coco ‘Coco Coco Coco’ Coco Coco ‘Coco Coco’s office.
Anxiety of Tepid Chocolate Dequied is a burning price in Cocoa. On Tuesday, Chocolate Makes Maker Lindt & Spripeengli Ag reduced its annual lighth of the expected decrease in the first chocolate sales. Also, Chocolate Barry Callebaut AG reduced its correctional volume earlier this month for the second time three months, producing higher cocoa prices. The company includes the decrease of the full sales volume and reporting A -9.5% decrease in its post-March sales volume, the largest quarter of a quarter of a quarter.
Cocoa prices are sold last week, with the NY Cocoa shiny months near the past Thursday and London Cocoa who hit 17 months in the near future. Weakness in the Global Coco’s quest There are prices in the way. The European Cocoalation reports that last Thursday reports, then, Asia’s Cocoa Cocoa Cocoa Cocoals Fell -16.3% mt, the smallest Q2 for 8 years. North America Q2 Cocoa Grimings Fell -2.8% Y / Y to 101 865 mt, there was less decrease than the reduction of Asia and Europe.
