Cocoa reaches peak on Ivorian turmoil

Cocoa futures climbed to their highest in more than a year on Friday after Ivory Coast's incumbent leader decreed major banks suspending business in the top cocoa grower would be nationalised. Arabica coffee was largely flat, just below the nearly 14-year peak touched earlier, with prices underpinned by further roaster buying, while raw sugar dipped ahead of Brazil's harvest but remained in a http://bit.ly/dKoQfy