Tue, May 26, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Agriculture, Price Watch more

Cocoa grinding may drop 1.8%, Macquarie’s Haque says

Posted on 06 March 2009

From Bloomberg: Global cocoa-bean processing will drop by 1.8 percent this season as the slumping economy erodes consumption, said Kona Haque, a London-based commodities strategist for Macquarie Bank Ltd.

“The demand outlook is looking shaky,” and the world may “return to surplus” cocoa production in 2010, Haque said today at an industry conference in Miami. “This is no ordinary recession.” …. Full Article: Source


 Article link

This post was written by:

VRS - who has written 40639 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31