date:Dec 26, 2012
Price ratios for cocoa butter, a key ingredient in chocolate, firmed this week on the lack of supplies from cocoa-growing countries, European traders said on last Friday.
There is almost no origin butter available, one trader said. People are reluctant to sell butter, they have plenty of powder they want to sell first.
Price ratios for cocoa butter offered for sale for January-March delivery on Friday were 2.1 times nearby London cocoa bean contracts 0#LCC:, up from 2.03 times London last week