date:Jul 23, 2013
Cocoa grindings in the second quarter in all the major markets were reported higher last week, indicating a pickup in what has been a somewhat slack pattern of demand.
That news propelled ICE Futures U.S. cocoa bean futures sharply higher last week. Although prices were slightly lower early July 22, the nearby September contract jumped about $100 a tonne last week and was up about $200 a tonne, or 9%, since late June.
The largest jump took place in North America, including the United States, C