cocoa smuggling Archives - McKeany-Flavell

Ghana may increase the farmgate cocoa price by over 60%

Ghana may increase the farmgate cocoa price by over 60%

At the end of trading Sep. 8, the Dec-23 NY cocoa contract closed at $3,654 per MT, $42 above Sep 7’s close and $40 above its session open. RSI is bearish at 67.4 percent, MACD moved from bearish to neutral, and the stochastic slightly [...]

By Marilyn Adutwum|September 18, 2023|Categories: Cocoa & Chocolate|Tags: cocoa farmgate, cocoa pricing, cocoa smuggling, Dec-23 London cocoa futures, Dec-23 NY cocoa futures, Ghana, Ivory Coast|0 Comments

Ivory Coast cocoa arrivals surge 7% in December

Ivory Coast cocoa arrivals surge 7% in December

After a disappointing start to the season in October and November that saw cocoa bean arrivals down double digits, strong December arrivals have allowed the total volume to not just catch up but surpass last year’s pace. In a reversal of fortunes, season-to-date arrivals [...]

By Jeff Rasinski|December 20, 2022|Categories: Cocoa & Chocolate, Market Prices|Tags: cocoa arrivals, cocoa main crop, cocoa prices, cocoa smuggling, cocoa truck tally, Ivory Coast, main-crop harvest, West Africa dry season|0 Comments

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