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Hedge fund stampede into cocoa futures fuels record price jump

Hedge funds have piled into the cocoa market since the end of last year, exacerbating a record-breaking surge in prices sparked by poor harvests in West. ....

City Of , United Kingdom , New York , United States , Coted Ivoire , Ivory Coast , Le Conseil , Justin Grandison , Fuad Mohammed Abubakar , Darren Stetzel , Martijn Bron , Abn Amro , Commodity Futures Trading Commission , Ghana Cocoa Marketing Company , Commodity Futures Trading , West Africa , Harold De Boer , Ivory Coast Le Conseil Caf ,

climate change: Chocolate could get even pricier if Africa's cocoa crop flops

Analysts at Rabobank and Marex expect West African output to drop in the 2023-24 season. Marex forecasts the global deficit at 279,000 tons, more than the previous two shortfalls combined. ....

Coted Ivoire , Haut Sassandra , New York , United States , Greater Accra , Ivory Coast , El Nino , Yves Kone , Michael Acheampong , Darren Stetzel , Steve Wateridge , European Union , Tropical Research Services , Trader Cargill Inc , Hershey Co , West Africa , West African , Barry Callebaut , Tropical Research , San Pedro , Climate Change ,

The Herald - Breaking news.

The Herald - Breaking news.
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Chocolate could get even pricier if Africa's cocoa crop flops

Chocolate could get even pricier if Africa's cocoa crop flops
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Chocolate could get even pricier if Africa's cocoa crop flops

Chocolate could get even pricier if Africa's cocoa crop flops
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United States , Coted Ivoire , Greater Accra , Haut Sassandra , New York , Ivory Coast , Michael Acheampong , Darren Stetzel , Steve Wateridge , Yves Kone , Andrew Caballero Reynolds Bloomberg , Ekow Dontoh , Mumbi Gitau , El Nino , Trader Cargill Inc , Regina Leader Post , Postmedia Network Inc , European Union , Tropical Research Services , Hershey Co , Krispy Kreme , Baudelaire Mieu , Andrew Caballero Reynolds , West Africa , New York Times , Postmedia Network ,