Cocoa Market Glut May Not Last
Cocoa prices are currently pluming multi year lows, with New York prices below $2,000 a tonne, a level they have only fallen below for one brief period in the last eight-and-a-half years. Pressure on prices is coming from resurgent West African production, at a time of supressed demand. But analyst Judith Ganes-Chase warned that the … Read more