date:Jan 08, 2013
de potential for prices unless unexpected and significant production losses occur.
Rabobank
Cocoa prices are expected to move sideways to slightly higher in 2013 amid tightening fundamentals.
Crop prospects for 2012-13 have improved as rainfall in West Africa helped ease the impact of dry conditions at the start of the season. However, we continue to forecast demand growth outpacing production increases.
The new government cocoa programme in Ivory Coast to pre-sell the crop and guarantee a m