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 Eagle Summit Corporation Explores Cocoa Market- Eagle Summit Corporation Explores Cocoa Market
- May 06, 2011
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At this moment, cocoa is a scarce material: demand has been rising, supply has been stable, so prices have gone up.
The global cocoa market is a focus of much attention at the moment. Global prices are close to record highs and are likely to stay strong for some time to come. About a year ago the single largest cocoa trade in 14 years of 240,000 tonnes of cocoa beans (seven per cent of the entire world's supply) valued $992m occurred.
High prices are the result of surging market demand and limits to available supply. At this moment, cocoa is a scarce material: demand has been rising, supply has been stabl...
- View more at: http://www.1888pressrelease.com/eagle-summit-corporation-explores-cocoa-market-pr-300288.html
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