Archive for July 18th, 2010

Trader buys all cooca in Europe

Sunday, July 18th, 2010

Full story here from Telegraph UK.

The purchase was enough to move the entire global cocoa market, sending the price to the highest level since 1977, and triggering rumours and intrigue in the City.

It is unclear which person, or group of traders, was behind the deal, but it was the largest single cocoa trade for 14 years. (more…)