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Cocoa Market Review.pdf

ICCO-Monthly-Cocoa-Market-Review_July-2016.pdf
Preview of Cocoa Market Review
🔗 Source: icco.org
📊 Size: 908 KB
👤 Author: enogo
⬇️ Downloads: 185

Summary

The ICCO daily price averaged $3,050/tonne in July 2016, down $73 from June, and ranged from $2,913 to $3,186/tonne. Cocoa futures prices initially rose due to Brexit and a projected deficit, but later fell due to strong grindings data and expectations of improving production. European, North American, and Asian grindings increased by 5%, 3%, and 3% respectively in Q2 2016. Despite this, overall demand remains weak due to slow economic growth in Europe.

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Description

The ICCO daily price averaged $3,050/tonne in July 2016, down $73 from June, and ranged from $2,913 to $3,186/tonne.

Technical Information

  • File Format: PDF
  • File Size: 908 KB
  • Pages: 2
  • Language: EN
  • Author: enogo
  • Total Downloads: 185
  • Last Updated: 1 week ago

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