date:Oct 08, 2013
ruary 2011.
Futures prices have been supported by ideas of increased demand coupled with concerns about the new crop in West Africa, which accounts for about 70% of the worlds cocoa bean supply and where the 2013-14 main crop harvest is just getting under way. Demand typically has been hard to quantify, much less forecast, but strong quarterly cocoa grind figures in Europe and North America suggest demand is on the upswing. Some in the trade also suggest a large speculative fund presence, accou