date:Aug 31, 2015
in the last three months of the year, ahead of the 124.75 cents a pound at which December futures were trading at.
Elections ahead
For cocoa, ABN reduced its forecast for full-year prices by $90 a tonne to $3,060 a tonne, noting that the market had lost its upward momentum, weighed by weak data on volumes of the bean ground by processors.
However, the bank stood by expectations of prices averaging $3,250 a tonne in the current July-to-September period, well ahead of the spot price of $3,112 a