date:Jan 08, 2013
ight gain.
Cocoa futures for March delivery jumped 2.1 percent to $2,267 a metric ton, the biggest increase for a most-active contract since Dec. 12.
Processing in Europe, the worlds top consuming region, probably fell 4 percent last quarter, according to the median estimate in a Bloomberg survey of 12 traders. That compares with declines of 16 percent in the third quarter and 18 percent in second. The European Cocoa Association will publish its latest figures on Jan. 15.
People are buying ah