By Dow Jones Business News, October 08, 2013, 04:27:00 PM EDT
Cocoa Futures Remain at 23-Month High on Supply Concerns
NEW YORK--Cocoa futures rose to their highest price in nearly two years Tuesday as traders bet that weather in West
Africa would continue to interfere with supplies.
Central Cameroon Sept Cocoa Beans Smaller than Aug-Quality Regulators
YAOUNDE, Cameroon--Cocoa beans produced in Cameroon's second main growing region of the crop and shipped in September
through the port of Douala witnessed a drop in size compared to August, several quality controllers at the port told Dow
Jones Newswires Tuesday.
Graded Cocoa Prices Rise In Nigeria's Edo State
IBADAN, Nigeria--Prices of graded cocoa in Nigeria's midwest Edo state have risen in line with international market
prices, reflecting an improvement in the quality of cocoa due to dry weather.
Cocoa Futures Hit 23-Month High; EU Wheat at 3-Month High
LONDON--Front-month cocoa futures touched a fresh 23-month high in early morning trading Tuesday, as fears persist
surrounding supplies of the chocolate-making ingredient out of top producer region, West Africa.
December Cocoa Vulnerable to Correction -- Technical Analysis
ICE December cocoa climbed to a new contract high on Tuesday, as the market breached old resistance from $2,725, a
major high hit back in September 2012. While the trend pattern is bullish, the market is overextended and overbought
according to several technical indicators, which leave cocoa vulnerable to a correction at anytime.
Arabica-Coffee Futures Still Under Pressure From Big Supplies
NEW YORK--Arabica futures eased Tuesday morning as massive supplies of coffee continued to weigh on the market.
Tanzanian Arabica, Robusta Coffee Prices Falls at Auction
The average prices for Tanzania's mild Arabica and robusta coffee beans grades fell at this week's auction, according
to an auction report emailed Tuesday.
ICE Cotton Up Slightly After Plunge; Sugar Slides After Climb
NEW YORK--ICE cotton futures were up slightly Tuesday after plunging to a three-week settlement low in the previous
Orange-Juice Futures Trade in Narrow Range on Lack of News
NEW YORK--Orange-juice futures ticked higher Tuesday morning as the market continued to trade in a narrow range
between $1.25 and $1.30 a pound.
Cameroon Faces Sugar Shortage as Imports Drop
YAOUNDE, Cameroon--A decline in refined sugar imports between January and August could leave Cameroon with a shortage
of supply this year, a government official said Tuesday.
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(END) Dow Jones Newswires
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