*Ghana wants to increase investment in cocoa sector. *Ghana has strong democratic institutions, oil wealth funds. Ghana is used to resource riches: it is already the world's number two cocoa producer and Africa's second-largest gold miner.» Read More
*Ghana wants to increase investment in cocoa sector. *Ghana has strong democratic institutions, oil wealth funds. Ghana is used to resource riches: it is already the world's number two cocoa producer and Africa's second-largest gold miner.
NEW YORK/ LONDON, May 13- Cocoa futures on ICE rose on Monday, as both commercial and speculative participants bought the market after finding technical support, while arabica coffee climbed around the 200- day moving average in consolidative dealings.
NEW YORK/ LONDON, May 2- ICE arabica coffee futures headed for the largest one-day gain in almost eight months on Thursday, on a short-covering rally prompted by technical triggers and expectations that the government in top producer Brazil would increase its minimum coffee price, dealers said.
LONDON, May 2- Cocoa futures on Liffe hit a five-month peak on Thursday, as dealers expected higher prices to trigger origin sales, while sugar was little changed. *July cocoa on ICE was down $1 at $2,414 a tonne, just below the five-month high of $2,421 hit the previous session.
NEW YORK/ LONDON, May 1- Sugar futures on ICE fell on Wednesday as the market digested a possibly record high delivery against expiry of the May contract, while cocoa jumped to the highest since December on signs there could be less available beans in the near future.
*Brazil crop has record potential, but ideal weather needed. *Dealers eye frost risk in Brazil for arabica. May raw sugar futures on ICE Futures U.S. were up 0.02 cent, or 0.11 percent, at 17.51 cents a lb at 12:14 p.m. EDT after dipping to 17.13 cents on Monday, the lowest level for the front-month contract since July 2010.
*Gold up more than 4 percent on week despite decline on day. NEW YORK, April 26- Gold fell on Friday but still had its biggest weekly gain in more than 3 months and copper and oil also rose for the week, but commodity markets ended Friday broadly lower after a two-day run-up. Cocoa rallied to a four-month high and sugar closed steady.
LONDON, April 26- Soft commodity trader Armajaro is no longer in talks to buy Plexus Cotton Ltd, a medium-sized cotton merchant, the companies said in a joint statement on Friday. Britain's Armajaro Trading, which trades cocoa, coffee and sugar, is a subsidiary of Armajaro Holdings Ltd..
NEW YORK/ LONDON, April 26- ICE cocoa inched up in mixed trading on Friday after touching its highest level in more than four months during a rally driven by short-covering and underpinned by bullish technical factors and limited concern over West African supply prospects.
*Coffee disease concerns offset by big Brazil crop. *Cocoa prices hit highest levels since December 2012. LONDON, April 23- Arabica coffee futures on ICE fell to levels near a 35- month low on Tuesday as ample supplies from Brazil outweighed concerns over reduced output from Central America.
*Coffee disease concerns offset by big Brazil crop. *Cocoa prices hit highest levels since December 2012. Cocoa futures climbed to four month highs as the charts remained bullish, with both ICE Futures U.S. and Liffe markets later paring gains.
LONDON, April 19- Cocoa futures edged higher on Friday, after earlier rising to a four-month high, after better-than-expected first-quarter North American grindings. Raw sugar edged higher but gains were limited as dry weather forecasts were expected to help Brazil's harvest, while arabica coffee futures on ICE were firm.
NEW YORK/ LONDON, April 19- Cocoa futures edged up to four-month highs on Friday, buoyed by better-than-expected first-quarter North American grind data indicating growing demand, while raw sugar climbed, giving back the previous session's losses.
*Platinum, palladium join rebound in gold. *Cocoa moves up along with soy, corn and wheat. NEW YORK, April 16- Brent crude oil futures fell below $100 a barrel for the first time in nine months but gold eked out a gain after hitting a two-year bottom and other commodities recovered some ground after one of the worst two-day drops in recent history.
*Sugar futures prices ease on bigger-than-expected supplies. LONDON, April 15- Sugar and cocoa futures eased on Monday, and arabica coffee slipped to a multi-year low, pressured by a fall in commodity markets after weak data from China, as well as expectations of ample supplies from new harvests.
LONDON, April 15- Soft commodity futures dipped on Monday, pressured lower by a fall in commodity markets after weak data from China, as well as expectations of ample supplies from new sugar, coffee and cocoa harvests.
NEW YORK/ LONDON, April 12- Raw sugar futures on ICE climbed on Friday, heading for their largest weekly gain in a month, underpinned by a slow start to Brazil's harvest caused by rain and heavy trading of the May/July spread. Cocoa hit multi-month highs on short-covering, while arabica coffee fell amid mixed trading.
NEW YORK/ LONDON, April 11- Raw sugar futures fell in heavy and range-bound trading on Thursday as the market consolidated after recent gains and as a heavy supply outlook kept prices under pressure, while ICE coffee and cocoa both gained.
April 9- Chocolate conglomerates are handing out 20,000 tonnes of special cocoa fertilizer for free to farmers in Ivory Coast to help boost yields and secure bean supplies in the world's No. 1 grower.