In July Ice Ny Cocoa (CCN25) Tuesday closed -92 (-0.92%), and in July Ice London Cocoa # 7 (Can25) Closed -111 (-1.71%).
Cocoa prices were removed by the first meeting on Tuesday and turned low due to the rainy west Africa, which is expected to achieve Cocoa Cocoa crops. Presented Vaisala was described on Tuesday that a central rain collapsed in West Africa for the past few days and is expected to continue at the end of the week.
Cocoa prices move to the top Tuesday because of worrying that Cocoa speed was sent to Cocoa to another country to lead to future Cocoa provision. Government information on Monday has shown that Ivory Coast farmers have been sent Cocoa Cocoa to rise this marketing year from October 1 to 35% of the last time + in December.
Cocoa’s minor export symptoms support Cocoa’s prices, following the past Wednesday of A -11% of A -11% Y / y y / Y-inGian April Coco Export to 18,561 Mt. Nigeria is the fourth largest Cocoa in the world.
Rebound establishes CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO COCY. Since the lower end of the 21sts of 1,263,493 charges on January 24, Cocoai is responsible for the US Ports again and up to 9 bags of 2,310,310,310.
Toward the end of the past month, the NY Cocoa was compiled 4-1 and the future of the nearest time – a highest future with weather concerns. Despite the latter rain in West Africa, the drought is covering over a third of Ghana and Ivory Coast, according to African floods and drought drought.
Cocoa prices are also supported by high quality anxiety in relation to Ivory Cocoast Coco-Crop, currently harvested in September. Processors Cocoors complain about the quality of Agriculture and reject the trucks of the breasts of Coro Cocoa beans. Processors reported that nearly 5% of 5% of 6% of the central coconuts at each of the poor quality, compared to 1% during the major crop. According to Rabobank, the poor Ivory Coast quality is between half a half of the time that reaches the region, limited limitations of plants. The MID-Crop is very small for two-year Cocoa harvest, starting with the ordinary in April. Ivory Coast Mid-Crop estimate is 400,000 MT, down -9% from 440,000 MT.
