Cocoa futures tumbled in New York and London, with the market prone to large price swings as fewer and fewer companies can afford rising costs to back their trades.
In London, futures fell last week after Ivory Coast moved to avoid a wave of cocoa-export defaults with a plan to compensate shippers for losses caused by a surprise increase in the price paid to farmers.
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Fuente: SABC News Online - 🏆 32. / 51 Leer más »