date:Mar 04, 2016
ttled up $14, or 1 percent, at $1,391 per tonne.
London cocoa eased, hovering below the nearly two-month high set earlier this week, with the prospect of poor mid-crops in both Ivory Coast and Ghana preventing deeper losses.
May London cocoa settled down 5 pounds, or 0.2 percent, at 2,184 pounds per tonne, pressured by the strong British pound.
Dealers said supply concerns driven by the expected poor quality of the tail-end of the West African main-crop and the upcoming mid-crop had tightened