Cocoa futures were sharply higher on Monday boosted partly by a slowdown in port arrivals in top grower Ivory Coast, while raw sugar and coffee prices also rose.COCOA* London cocoa rose 6.7% to 4,498 pounds a metric ton by 1447 GMT.* Exporters estimated port arrivals in top grower Ivory Coast totalled 60,000 tons between Dec. 22 and Dec. 28, down from 82,000 tons in the same week of the previous season…
Brazil has temporarily suspended cocoa imports from Ivory Coast due to phytosanitary risks, the country's official gazette showed on Tuesday.Brazil's Agriculture Ministry cited risks related to 'the high influx of beans from neighboring countries into Ivory Coast…
Cocoa futures on the ICE exchange tumbled to two-year lows on Tuesday on talk that excess beans were piling up at ports in top grower Ivory Coast.COCOA* London cocoa closed the session down 8.3% at 3,347 pounds per metric ton after earlier hitting 3…
Africa Global Logistics, which operates Ivory Coast's main port, plans to invest over 60 million euros ($67 million) in inland logistics over the next five years to boost its position as a transport hub and gateway for landlocked West African nations…
