Tuesday, September 11, 2012

cocoa futures prices september 11 2012

coffee prices today cocoa futures prices september 11 2012 :

* ICE December cocoa futures settled down $21, or 0.8 percent, at $2,632 per tonne on profit taking after prices hit 10-months highs on Thursday.

* "This is a function of profit taking. If there are any supply shocks, we could reach a higher plateau," said Keith Flury, senior commodities analyst.

* Ghana has delayed implementing a windfall tax on mining profits while it considers whether to scrap the proposed levy, the head of the country's mining regulator said.

* Cocoa prices in most of Ivory Coast's principal growing regions and at its two ports surged last week as exporters and merchants scrambled to secure stocks due to worries about early-season supply, farmers and buyers said on Tuesday.

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