Cocoa hit $3,412 a tonne in New York yesterday as concerns deepened about demand outstripping supply for the first time since 1968. This was the highest price for cocoa futures since June 1979, although prices eased back slightly later. Production...
Abidjan :: Ivory Coast
| updated Sun Oct 18 15:09:16 -0700 2009
| business-news
The surging prices have been boosted by a shortage caused by poor harvests in Ivory Coast, the world�s leading producer that grows 43% of the global beans. Cocoa prices last week soared to multi-month peaks, bucking the weak sentiment felt...
Trafigura, one of the world's largest oil traders, was the most used word on the micro-blogging website Twitter this morning. A frenzy of tweeting pushed the hashtag #trafigura to the top of the list of trending topics, before it suddenly...
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