Good day to you.
Are you following Cocoa, Dairy or Veg Oil markets for purchasing raw materials at your company? If so, do share me if the views presented here are valuable.
Cocoa Market on New York & London Exchange
- Market are at its highest since Sep-2016 (London @GBP1890 and NY @USD2940)
- Speculators are holding a large bullish stance and their persistent buying is lifting the price.
- Expectations of good demand and from smaller crops from West Africa are supporting the prices towards a balanced market
- New York is selling at a premium to London, because of available systemic funds in NY
- London gains are also capped because of origin hedging and that producers in Ivory Coast and Ghana are relatively well hedged.
We are business associates of OLAM COCOA, which is one of the largest cocoa producers worldwide and I can represent them for your esteemed organisation. They offer a range of Cocoa Powders with their brands deZaan, Huysman, Unicao, Joanes and Macao.
Is there anything I can be of more information? If so, please feel free to reach me out and I shall make it as simple for you!
Thanks & Best Regards,
Nikhil Kapoor | Director | Blue Ingredients Private Limited
305-C, 3rd Floor, IRIS Tech Park, Sector 48, Sohna Road, Gurgaon 122018, India
E: email@example.com | T: +91-124-4056313 | M : +91-8452-002409
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