Cocoa futures enter bull market as supply crunch looms

Filed under: Markets |

Cocoa futures rose to the highest in almost a year in London, entering a bull market, on signs falling production in top growers Ivory Coast and Ghana isn’t keeping up with demand. Global cocoa demand will outstrip supply by 209,000 metric tons in the season ending Sept. 30, estimates KnowledgeCharts, a unit of Commodities Risk…

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