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Agricultural Commodities Cocoa Commodity Market Trades, Charts

  • NEW YORK/ LONDON, May 15- New York cocoa futures on ICE took their biggest one-day fall in six weeks on Tuesday, pressured by the weak British pound and layers of automatic sell orders, potentially signaling that this year's strong advance may be starting to run out of steam. *July New York cocoa settled down $105, or 3.8 percent, at $2,674 per tonne.

  • NEW YORK/ LAGOS, May 14- Cocoa dealers are snapping up West African beans for import to the United States, according to trade sources, as they seek to profit from the steepest premium for the chocolate ingredient in over 40 years in the New York market. The differential between the two international trading hubs grew further when New York saw tightening supplies of...

  • NEW YORK/ LONDON, May 8- London cocoa futures on ICE rose on Tuesday to their highest since 2016 on speculative buying and support from the weak British pound, while raw sugar rose for the first time in four sessions as industry participants gathered in New York. *The London market, which was shut for a holiday on Monday, was catching up with gains in New York in the...

  • NEW YORK/ LONDON, May 1- London cocoa futures on ICE rose to the highest since 2016 on Tuesday, buoyed by the weak British pound, while robusta coffee surged more than 3 percent within one minute to a 5-1/ 2- month high after a flurry of automatic buy orders were triggered. *July robusta coffee settled up $59, or 3.4 percent, at $1,815 per tonne. *It rose 3.5 percent to the...

  • LONDON, May 1- White sugar futures fell on Tuesday, pressured by chart signals and worries India may be inching closer to exporting to the world market, while New York cocoa slipped as fund buying stalled. *August white sugar was down $3.80, or 1.2 percent, at $327 a tonne by 1101 GMT. *Sentiment was also dampened by worries India may soon move forward with exports to the...

  • LONDON, April 30- New York cocoa futures fell on Monday as speculative buying stalled after data showed funds had raised their bullish bets to 2015 highs, while raw sugar climbed ahead of expiry. *July New York cocoa was down $62, or 2.2 percent, at $2,769 a tonne by 1359 GMT. *The drop in New York cocoa further weakened its premium over the London market, which recently...

  • LONDON, April 30- New York cocoa futures slipped on Monday as speculative buying waned after data showing that funds had raised their bullish bets to 2015 highs, while raw sugar edged higher ahead of expiry. *July New York cocoa was down $22, or 0.8 percent, at $2,809 a tonne by 1117 GMT, after slipping to a session low of $2,793. *The slowdown in buying followed...

  • ABIDJAN, April 27- Global audit firm KPMG has urged Ivory Coast to introduce a spot sales system for local cocoa exporters who were responsible for defaults on 148,000 tonnes of contracts in the last growing season. The total value of the contract defaults was 399 billion CFA francs and the Ivorian government lost 199 billion CFA francs reselling them, the...

  • *New York's rare premium over London strengthened further, hitting a fresh high. * "The systematic funds have gone into New York much more aggressively than in London," one dealer said. *Origin hedging has further capped gains in London, although dealers noted this pressure was easing as producers in Ivory Coast and Ghana were now seen as relatively well hedged.

  • BERLIN, April 25- Companies and governments have pledged to tackle poverty, deforestation and human rights abuses in the cocoa supply chain, acknowledging that years of scattered sustainability efforts have failed to spur widespread change. The four-day World Cocoa Conference in Berlin culminated on Wednesday in stakeholders issuing a declaration to...

  • NEW YORK/ LONDON, April 24- New York cocoa futures on ICE rallied 4 percent on Tuesday, and neared last week's 2016 high on system fund buying while the market's premium over London soared to the highest since 1977 as participants covered their short positions. *July New York cocoa settled up $89, or 3.3 percent, at $2,815 per tonne, and rallied by as much as 4.1 percent...

  • *May raw sugar was down 0.17 cents, or 1.5 percent, at 11.04 cents per lb by 1344 GMT after sliding to a low of 11.01 cents, the weakest for the front month since September 2015. *August white sugar fell $3.40, or 1.0 percent, to $325.80 a tonne after dipping to a low of $324.60, the weakest for the front month since January 2009. *July New York cocoa rose $20, or 0.7 percent, to...

  • *May raw sugar was down 0.14 cents, or 1.25 percent, at 11.07 cents per lb by 1038 GMT after sliding to a low of 11.06 cents, the weakest for the front month since September 2015. *August white sugar fell $3.40, or 1.0 percent, to $325.80 a tonne after dipping to a low of $325.70, the weakest for the front month since January 2009. July New York cocoa rose $3 or 0.1 percent, at...

  • *May raw sugar was down 0.13 cents, or 1.1 percent, at 11.51 cents per lb by 1358 GMT after slipping to 11.50 cents, the lowest price for the front month since September 2015. *The market remained weighed by the prospect of a large global surplus in the 2017/ 18 season, driven partly by rising production in India and Thailand. *Low sugar prices have, however, been prompting...

  • TORONTO/ LONDON, April 20- Cocoa futures on ICE fell on Friday, dropping below the highest levels since 2016 reached earlier this week on pressure from lower North American first-quarter grind data, while raw sugar inched down to a 2-1/ 2- year low on ample global supplies. *July New York cocoa settled down $70, or 2.5 percent, at $2,729 per tonne. *The weak session stood...

  • *May raw sugar was down 0.18 cent, or 1.5 percent, at 11.57 cents per lb by 1338 GMT, its weakest since late September 2015. "You've got India, Thailand- you've got supplies coming from everywhere." *Brazilian sugar exports are expected to fall by 6.5 million tonnes in the 2018-19 crop, although dealers said this was likely to be offset by sharply higher production from...

  • LONDON, April 20- Cocoa futures on ICE fell on Friday, pulling away from their highest in more than 18 months amid a slowdown in fund buying and signs of weak demand in North America. *July New York cocoa was down $30, or 1.1 percent, at $2,769 a tonne by 1111 GMT, after falling to a session low of $2,750 a tonne. *This was at the low end of expectations that ranged from 1.5...

  • TORONTO/ LONDON, April 19- Cocoa futures on ICE were little changed on Thursday, as prices consolidated after surging nearly 9 percent to the highest levels since 2016 earlier this week, while fund buying lifted the New York market's rare premium over London to a record. The second position rose to the highest since September 2016 at $2,856 on Wednesday, when...

  • LONDON, April 19- Cocoa futures rose on Thursday, buoyed by technically-driven fund buying, while the market awaited first quarter North American grind data due to be released later in the day. *July New York cocoa was up $10, or 0.4 percent, at $2,810 a tonne at 1336 GMT. *First quarter grind data from Europe and Ivory Coast, released on Wednesday, showed year-on-year...

  • DUEKOUE, Ivory Coast, April 19- Faced with the prospect of losing all its forests, Ivory Coast has partnered with chocolate makers to try to halt the spread of cocoa plantations in protected national parks and reserves. Ivory Coast, the world's biggest cocoa producer, and major chocolate companies from Mars to Hershey to Barry Callebaut pledged last year to...