Friday, February 12, 2010

Cocoa Demand Exceeding Supply 2010

Cocoa demand and supply 2010

As the year goes on, it seems cocoa demand will not be able to be met by supply, and prices have started to respond to those circumstances, with cocoa prices increasing the most in eight weeks.

At this time, it seems the markets have taken the challenge into account in its current price, and should support it through the year.

On ICE Futures U.S., May delivery for cocoa surged $76 to $3,116 a metric ton, a 2.5 percent lift.

Over the last 12 months cocoa has increased in price by 16 percent.

Cocoa demand and supply 2010


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