Background: Update on Armajaro

Reuters has an update on Armajaro’s main fund gaining only 0.6% in August.  This is not the smaller fund run by co-founder Anthony Ward that previously cornered the cocoa futures market.  That one was using cocoa for delivery and, according to Ward, had already got offloading arrangements for the 240,100 tons of cocoa to Continue reading “Background: Update on Armajaro”

Advertisements

Trade Notes: Long Cocoa, potential long Nestle-Unilever

India’s growing appetite for the white stuff should lead to increased demand that may not be readily met, especially considering the other demands on India’s already sparse available agricultural land.  Now it seems there may be a burgeoning shortage of Cocoa as well. Continue reading “Trade Notes: Long Cocoa, potential long Nestle-Unilever”