date:Oct 08, 2013
be seen in powder demand. Many users have covered powder needs through mid-2014, but bookings beyond that time have recently slowed, even though prices are near four-year lows and sellers see more upside than downside potential in the months ahead.
Nearby cocoa bean futures prices in New York also have been on an uptrend, trading at one-year highs above $2,600 a tonne and at a slight inverse to deferred contracts. Futures prices still are well below recent highs above $3,600 a tonne set in Feb