Europe cash cocoa: Butter firms on lack of supplies
date:Dec 26, 2012
ack of buying interest, traders said.

Differentials for good quality Ivory Coast beans for nearby delivery were slightly weaker at around 45 pounds ($73.17) over the London March 2013 cocoa contract, versus 50 the previous week.

There are not many buyers because differentials are still too high, one European trader said.

The market is focused on Ivory Coast. It seems that the cocoa arrivals are going well, the market is watching if the political situation there will remain stable.

Ivory Coas
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