Date: September, 2009
Abstract: Chocoholics will be disappointed to hear that the long-run cocoa bull run remains intact, although prices are expected to ease over coming months as new crop supply hits the market. Rabobank expects cocoa prices to continue their upward momentum next year, following a near?]term setback, based on a backdrop of recovering demand and constrained supply.
World cocoa prices, reflected by the New York ?] ICE nearby contract, have gained 20% in 2009 and 51% since November 2008, while long?...
Research Type: Agri Commodity