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Thursday, 17 February 2011

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US cocoa rises to 1-yr high on Ivory Coast worries

  • Thursday, 17 February 2011
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  • * Concern over cocoa exports from I.Coast boosts prices * Tight supplies push arabica into a rally (Recasts, updates prices, market activity; adds second byline, dateline, previously LONDON) By Marcy Nicholson and Sarah McFarlane NEW YORK/LONDON, Feb 17 (Reuters) - U.S. cocoa futures tiptoed up to close at the highest level in more than a year on Thursday, as more banks suspended operations in http://bit.ly/gkOejC

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