Commodities Live: A 4-Month High For Arabica Coffee Futures; One-Year High For Cocoa Price

The price of Arabica coffee futures has reached a four-month high at $1.78/pound. The Brazil cocoa harvest will be 62.3 million tons in 2023/2024. The cocoa price has reached a 1-year high of $2700 a ton. Exporters in the Ivory Coast are on the verge of defaulting on their agreements. Global Epex reports a 15% increase in cocoa grinding on a year-over-year basis. Catch the latest in commodities with Manisha Gupta live!

#commodity #live #cocoa #coffee

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