Cocoa Falls to Two-Week Low

Publish Date: 
August 12, 2010

Cocoa futures fell to a two-week low in New York on signs supplies may be more plentiful.  The premium for the September cocoa futures contract in London was 2.7 percent higher than the December contract today, down from 3.5 percent higher yesterday. The Ivory Coast, the world’s largest grower, usually starts its harvest in October.
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