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Wednesday, 23 February 2011

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ICE cocoa hits 32-year high, coffee slips

  • Wednesday, 23 February 2011
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  • * Extension of Ivorian export ban propelled cocoa to peak * Arabicas consolidate near highest level in over 30 years * Sugar futures fall to reconnect with physical demand (Adds trade comment) By Sarah McFarlane LONDON, Feb 23 (Reuters) - ICE cocoa hit a fresh 32-year high on Wednesday on renewed concerns over supplies after the Ivory Coast's export ban was extended, while arabica coffee fell a http://bit.ly/gioLQC

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