Wt Cocoa Discussion Threads

[mart] 16/9/2010 11:27

This is an old report (2001) that I've just come across but is interesting for contextual stuff, like distribution of production, tree age and production AND farmer demographic. Is there a more up-to-date one anywhere?

www.treecrops.org/crops/cocoaoutlook.pdf

[mart] 16/9/2010 10:39

"DJ Indonesia Cocoa Output May Drop 5%-10% On Heavy Rains-Traders"

[mart] 09/9/2010 07:50

"Cocoa price falls at Ivory Coast forecast"


Must say I'm getting increasingly sceptical of the accuracy of some of these pieces of 'journalism'. The prices go up and down and different stories are trotted out to suit. I forget how many different ways the Ivory Coast crop has been said to be going in the last month!

[mart] 26/8/2010 23:09

"Cocoa's Drop Pressures a Big Wager"

[mart] 24/8/2010 11:19

Certainly my bet on cocoa with LCOC is underwater, bigtime.

[mart] 23/8/2010 00:06

This is an old article but I hadn't seen it before. Worth a skim. I wonder if there really is likely to be a shortage of good quality beans but traders who haven't managed to get themselves a goodly supply are actively shorting. Pure speculation on my part; naive?

"What's going on in the London cocoa market?"

[mart] 22/8/2010 23:57

Drive it down, drive it up. Who to believe? If only there were some decent analysts around who had attention spans slightly longer than fish!

"Problems in Ivory Coast's Cocoa Industry Likely to Drive Up Prices"

[mart] 22/8/2010 12:51

Anybody got a good link to the fundamental dynamics of cocoa growing? Presumably it takes a while for a tree to bear, so market dynamics won't be like wheat or other annual crops where an increase in price results in more acreage being planted.

[daytraders] 12/8/2010 10:26

if he dont he is going to lose millions.

[mart] 12/8/2010 09:56

More on the improved outlook from Ghana and Ivory coast. Does one trust this sort of reporting? Presumably the guy who took delivery of actual beans knows a thing or three.

[mart] 12/8/2010 09:43

"Cocoa futures for September delivery fell $49, or 1.7 percent, to close at $2,881 a ton in New York at 12 p.m., dropping for the second straight session, on prospects of rising supplies from Ghana, the world's largest grower after the Ivory Coast.

Ghana's harvest may be 23 percent larger in the year that begins Oct. 1 than the year before, according to government estimates this week. "

[mart] 22/7/2010 12:22

Hhmm, hope that guy isn't going to regret having a storehouse full of beans. My reputation as a counter indicator gathers pace!

[mart] 20/7/2010 07:46

With a market like this you age quickly I have found :-) Incidentally, as I bought a small tranche of LCOC yesterday you can count me as a counter indicator; DOWN 4%. Same happens when I act re gas ETF's.

[solarno lopez] 20/7/2010 06:03

So you are as old as me ....or well read!!!!

[mart] 19/7/2010 19:16

Aarrgh.....the curse of the Bunker Hunts...

[solarno lopez] 19/7/2010 09:04

Remember the BUNKER HUNTS and their silver play>>>>>>>>>

[mart] 19/7/2010 08:43

Time to invest in LCOC?

[daytraders] 18/7/2010 14:19

i might go long 1st thing monday am!

Hedge fund makes £660m cocoa bean purchase

A British hedge fund manager has been identified as the buyer behind one of the largest single purchases of cocoa beans ever recorded.

Anthony Ward, the manager of the Armajaro Holdings fund, last week paid £658m to buy 241,000 tons of cocoa beans, equal to the whole supply for Europe and enough to make 5.3bn standard chocolate bars.

In an even more unusual move, the fund has taken physical delivery of the beans, which are sitting in warehouses in the UK, Netherlands and Germany. Actual delivery only normally occurs in a fraction of commodity deals.

Traders said the purchase, the largest single buy in 14 years, could force up the price of chocolate as the price of cocoa, one of the main ingredients, leapt to over £2,700 per ton, its highest price since 1977.

Ward's dealing echoes a similar move eight years ago when he made a fortune buying 204,000 tons of cocoa when supply was limited. The price subsequently soared netting him an estimated £40m in two months.

[nabcom] 17/7/2010 20:12

Surge in demand drives cocoa to 32-year high

Cocoa prices jumped to their highest since 1977 after data showed demand for the chocolate ingredient by European confectioners rising at its fastest pace in a decade

[josels] 17/7/2010 08:33

it is booming

[nabcom] 14/11/2009 18:15

Believe its one of the few commodities at all time high

ETCs just released by

ETFS Cocoa (COCO)

ETFS Short Cocoa (SCOC)

ETFS Leveraged Cocoa (LCOC)

[sugarbeast] 22/3/2004 14:39

sold my cocoa just now!