Cocoa Market Sweet For SWFs
Posted on 03/27/2024
Commodities on the sweet side of life surged in price this week, with cooca, coffee, and sugar futures all rising briskly. Cocoa briefly surpassed US$ 10,000 a ton yesterday, and is trading only slightly below the key level today. It has tripled in value over a year as West African cocoa brought to market has…