date:Aug 06, 2015
ers are heavily betting on higher prices, making it vulnerable to a sell off, the Hightower Report said.
Economic data remains less than desirable in China and in Europe, so demand ideas are not real strong, Jack Scoville, vice president at Price Futures Group in Chicago said in a note. Western Europe is the largest consumer of cocoa and China is considered an important growth market for chocolates main ingredient.
Traders are awaiting news on port arrivals in Ivory Coast to see if dry weather