Saturday , 16 December 2017

Cocoa futures curtail losses, despite surprise drop in EU grind

Cocoa futures curtail losses, despite surprise drop in EU grind

Cocoa processing volumes by European grinders recorded an unexpectedly weak finish to 2016 – although the data provoked only minimal losses in futures, amid hopes for demand impro ...

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Hedge funds turn bearish on cocoa for first time in years

Hedge funds turn bearish on cocoa for first time in years

Managed-money funds are betting against the cocoa market, for the first time in four-and-a-half years. But hedge funds turned bullish on lean hog markets at the fastest pace on re ...

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Cocoa best ag bet for 2017 – coffee the worst, says Rabobank

Cocoa best ag bet for 2017 – coffee the worst, says Rabobank

Speculators, who have been big players in ag markets such as soybeans and sugar this year, will remain "quite active" in 2017, Rabobank said – naming cocoa as its most bullish bet ...

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Rabo flags ‘buying opportunities’ in soy, warns against cocoa price gloom

Rabo flags ‘buying opportunities’ in soy, warns against cocoa price gloom

Rabobank flagged "buying opportunities" in soybean futures, while warning investors against getting too pessimistic on cocoa - but stuck with a downbeat outlook for arabica coffee ...

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Brexit poll could be win-win for London cocoa traders

Brexit poll could be win-win for London cocoa traders

As the United Kingdom goes to the polls, in a referendum on the country's future in Europe, London cocoa traders might be in an unusual win-win situation. Commerzbank suggested th ...

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Cocoa futures – will they gain in 2016 for a fifth successive year?

Cocoa futures – will they gain in 2016 for a fifth successive year?

Cocoa proved one of the rare gainers in the commodities complex last year, rising by 10.3% in New York – a fourth successive year of gains. London cocoa futures, denominated in st ...

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Barry Callebaut shares tumble as cocoa margin squeeze tells

Barry Callebaut shares tumble as cocoa margin squeeze tells

Shares in Barry Callebaut tumbled after the chocolate giant unveiled below-forecast earnings and cut its profits target, citing the dent to cocoa processing margins from elevated ...

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Cocoa prices poised for new highs, amid industry shake-up

Cocoa prices poised for new highs, amid industry shake-up

Cocoa prices are set to rise further before October, as merchants in Ivory Coast, the top producer and exporter of the bean, move to corner more of the market, Ecobank said. The T ...

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Low grind demand could choke off cocoa rally

Low grind demand could choke off cocoa rally

The rally in cocoa prices could be under threat, with values already having reached the level needed to choke off demand, according to veteran analyst Judith Ganes-Chase, highligh ...

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Cocoa futures rise on better-than-expected European demand

Cocoa futures rise on better-than-expected European demand

Cocoa futures rallied, following stronger-than-expected European first-quarter grind data – although a leading broker cautioned against investors getting carried away. European co ...

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