date:Oct 08, 2013
nting for about 45% of open interest, has given support to cocoa bean futures prices.
While not directly affecting the cocoa market, another key development that appears to be nearing culmination is the purchase by Cargill of the cocoa operations of Archer Daniels Midland Co. If approved, the acquisition will result in two companies accounting for an estimated 40% to 50% of the worlds cocoa grinding capacity. The other company is Switzerland-based Barry Callebaut, which earlier in the year boos