| 17.12.2009 - Cocoa rises to 30-year high on fund demand; coffee futures gain |
| From Bloomberg: Cocoa futures jumped, extending a rally to a 30-year high, as funds stepped up buying and the dollar’s decline enhanced the investment allure of commodities. Coffee reached the highest level since August 2008. Hedge-fund managers and other large speculators have quadrupled their bets on rising cocoa prices since late May, according to U.S. Commodity Futures Trading Commission data......................................Full Article: Source |