Cocoa Squeeze Rattles London Market In Biggest Move Since ‘Chocfinger’

Courtesy of ZeroHedge Over the course of ten months, benchmark cocoa futures prices in London have surged by more than 51%, driven by the worsening global shortage of this crucial ingredient used in the world’s sweet snacks. Bloomberg pointed out, “The biggest cocoa trade in more than a decade is rattling the London exchange,” noting gyrations in […] Source