date:Jul 26, 2018
tor, declined to comment when contacted by phone.
Ivory Coast is selling more beans as cocoa futures traded in London surged 22 percent this year, partly as a global surplus turned out to be smaller than expected. The West African nation is also avoiding a repeat of late sales which exacerbated pressure on prices in 2016 and 2017 when futures tumbled almost 40 percent.
Cocoa for delivery in December dropped as much as 0.7 percent and was trading 0.5 percent lower at 1,674 pounds ($2,205) at 2: