Cocoa rebounded from the lowest in almost two weeks in New York, amid expectations of looming index-related buying and lingering uncertainty over supplies.
A worker harvests cacao pods at a farm in Eunapolis, Bahia state, Brazil.
After last year’s historic rally, cocoa prices are heading for a record annual slump. But there’s no sign the cost of your candies, bars or chocolate Santas will follow any time soon.
Boxes of handmade chocolates ready for sale at a factory in Paris.
Cocoa wavered between gains and losses in New York as traders weighed a reduced outlook for this season’s surplus and the prospect of index-related buying supporting the market.
Dried cocoa beans at a cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia.
Ivory Coast is facing a temporary glut of cocoa at its ports as farmers rush to find buyers due to falling international prices and a cash crunch affecting local exporters.
Anmelden
