-
Commodities markets plummeted, no exception for cocoa
Most commodities on Dow Jones-AIG commodity Index experienced decline including cocoa, due to the ongoing financial crisis, lowering demand and strengthening of US dollar. -
Bucking the commodities downturn, cocoa markets bounced in November
While the cocoa market experienced a strong gains during November, most commodities on Dow Jones AIG commodities Index suffered losses. -
Resilient cocoa at 23-year high
Wall Street Journal--While commodity prices from oil to wheat to copper have tumbled as the world economy has slowed, one market has been surprisingly resilient: cocoa.In London, the cocoa future prices reached near a 23-year high. A slow-going and slightly smaller-than-expected harvest in the world's largest cocoa-producing country, Ivory Coast, is one reason cocoa has remained costly.
(http://online.wsj.com/article/SB123240666897995599.html?mod=MKTW) -
Cocoa Falls to One-Month Low in N.Y. on Reduced Global Demand
Bloomberg--Cocoa prices fell to the lowest in more than a month as demand for the beans used to make chocolate declined following recent holidays and on concern that the global economic slump may curb consumption.
(http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aDVF4Gc3pSlA)