Spotted recently in a technical forum (which shall remain nameless):
Your answers are useless. Thank you anyway. I found answers on my questions from another source.
Although I still don’t know what the final answer was, alas…
Month: July 2010
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Helpful forums?
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Real buyers getting tired of speculators
Real cocoa buyers, who are probably chocolate manufacturers, are getting tired of excessive speculation in the cocoa market; they’ve threatened to move from London to unspecified US cocoa futures exchanges if something isn’t done to improve things:
Telegraph Article
(Third section, after Gold movements and Shipping rates)I suppose speculation is good if it balances demand and evens out prices, but bad if the end customers feel that they are being cheated.
More
Another article: Mystery trader buys all Europe’s cocoa.
No wonder people are annoyed.