LONDON, U.K. – The current review of the cocoa market situation reports on price movements on the international markets during the month of April 2016. Chart I illustrates price movements on the London (ICE Futures Europe) and New York (ICE Futures US) markets in April.
Dear Reader,
you are not required to purchase anything for certain limited use of Comunicaffe International.
However, if you do not purchase a subscription, your access to our contents will be limited.
For further information about our subscriptions please visit the subscription page.
If you are already subscribed please type here your credentials:
Conclusions
Due to the particularly dry and hot weather conditions experienced during the main crop of the ongoing cocoa season in the West African region, the mid crops in the major producing countries, namely in Côte d’Ivoire and Ghana, have been expected to tail off early.
However, more recently, the weather conditions have turned favourable, with plentiful rains across most growing areas within the West African region. At the end of May 2016, the ICCO Secretariat will release its revised crop and grindings forecasts for the current cocoa year in its Quarterly Bulletin of Cocoa Statistics.
