LAGOS, July 18- Exporters have resumed loading of cocoa shipments in Nigeria's second-largest producing area, Cross Rivers state, after the state government suspended on Friday a levy on bean exports, a trade body said.» Read More
*Sugar back on defensive after Brazil- driven rally. LONDON, March 17- Arabica coffee futures on ICE were lower on Monday, extending a retreat from last week's two-year high with the focus remaining on the extent of damage to Brazil's crop prospects from dry weather earlier this year.
*Small delivery seen against London cocoa expiry. Cocoa edged up as traders focused on expiry of the London March contract. "The lower price has forced more people to fix contracts", before prices fall further, one London- based coffee futures broker said.
*Arabica crawls toward 2- yr high on Brazil weather worries. NEW YORK/ LONDON, March 13- ICE arabica coffee futures rose and traded near a two-year high on weather-related crop concerns in top grower Brazil, while cocoa rallied the most since January and recovered the previous day's sharp losses on bargain-hunting.
LONDON, March 13- Arabica coffee futures rose and traded near a two-year high, underpinned by concerns over drought in Brazil, while cocoa edged up on expectations of a global deficit and firm demand.
*Cocoa underpinned by expected 2013/ 14 global deficit. NEW YORK/ LONDON, March 11- Arabica futures extended their steep rally on Tuesday, touching a two-year high as parts of top grower Brazil's coffee belt failed to receive enough rain, while robusta rose to a one-year high.
*Analysts see damage to Brazil coffee due to drought. LONDON, March 11- Arabica coffee futures rose over 2 percent on Tuesday to hit a two-year high and sugar hovered near a four-month peak on concerns over a drought in top grower Brazil.
*Cocoa dealers worry about quality despite good weather. NEW YORK/ LONDON, March 10- Arabica coffee prices on ICE climbed to a two-year high in light volume on Monday after top grower Brazil's parched coffee belt received less weekend rain than expected, raising the prospect of a 2014/ 15 global deficit. Cocoa was up a shade after nearing 2-1/ 2- year highs.
*Cocoa moves sideways, underpinned by firm demand. NEW YORK/ LONDON, March 5- Arabica coffee futures surged on heavy investor buying on Wednesday, nearing a two-year high as concern about crop damage from a drought in top grower Brazil continued to fuel the volatile market, while raw sugar jumped to a four-month high. Cocoa on ICE Futures U.S. and Liffe were firm.
SINGAPORE, Feb 21- Global cocoa prices have rallied to 2-1/ 2- year highs on worries El Nino could return in 2014, while other agricultural commodity markets could also be hit by the spectre of the weather anomaly. El Nino means "boy" in Spanish and was first used by anchovy fishermen in Ecuador and Peru in the 19th century.
CNBC's Morgan Brennan reports cocoa prices are up more than 35 percent over the past 12 months.
"Chocolate is more popular than ever," explains Godiva CEO Jim Goldman, in discussing just how popular Valentine's Day is for his stores. He discusses high cocoa prices right now.
Jonathan Parkman, head of agriculture at Marex Spectron, says the strong performance of Mondelez and Nestle in the cocoa sector underpinned the commodity's price rally last year.
NEW YORK, Feb 12- The softs complex dominated gains in commodities markets on Wednesday as cocoa hit 2-1/ 2- year highs while raw sugar and arabica coffee rallied on factors ranging from bullish crop weather to an India government subsidy and investor speculation.
NEW YORK/ LONDON, Feb 12- Cocoa futures in New York and London hit 2-1/ 2- year highs on Wednesday on worries that potential El Nino weather conditions could curb global cocoa output, while ICE raw sugar rallied the most in almost two weeks on short-covering. May cocoa on ICE gained $43, or 1.3 percent, to settle at $2,971 a tonne, after hitting a 2-1/ 2- year high of $2,974.
*India sets sugar support at 3,333 rupees/ tonne. NEW YORK/ LONDON, Feb 12- Cocoa futures in New York and London hit 2-1/ 2- year highs on Wednesday on worries that potential El Nino weather conditions could curb global cocoa output, while raw sugar prices rallied the most in almost two weeks on short-covering.
Cocoa is up about 30 percent in the last 12 months, reports CNBC's Morgan Brennan. Stronger demand, and fewer supplies are contributing.
Jonathan Parkman, head of agriculture at Marex Spectron, discusses the outlook for the cocoa market in 2014 and the role emerging markets will play in the price movement of the commodity.
Abah Ofon, Director, Agricultural Commodities Research at Standard Chartered explains what's behind the sharp divergence between coffee and cocoa prices this year.
Cocoa is rose over 2.5 percent in 1 week, and hit a 4-week high on Friday. Alan Knuckman, Trading Advantage, explains how he is using options to profit from the commodity's move.
Jonathan Parkman, head of agriculture at Marex Spectron, told CNBC, Cocoa is very prone to disease and that creates more volatility in the market, the major manufacturers have been educating the farmers to try and reduce this.