(Bloomberg) -- Cocoa rose in New York on speculation
that renewed political tensions in Ivory Coast, the world's
largest producer, and dry weather in Indonesia may disrupt
global supplies.
Ivory Coast Prime Minister Guillaume Soro was unhurt when
his plane was attacked with rockets and small-arms fire after
landing at an airport in the central town of Bouake last week.
Indonesia, the third-largest grower, may produce 8.5 percent less
cocoa this year after drought in 2006 reduced the crop, the
Indonesian Cocoa Association said on June 29.
Read more at Bloomberg Commodities News
that renewed political tensions in Ivory Coast, the world's
largest producer, and dry weather in Indonesia may disrupt
global supplies.
Ivory Coast Prime Minister Guillaume Soro was unhurt when
his plane was attacked with rockets and small-arms fire after
landing at an airport in the central town of Bouake last week.
Indonesia, the third-largest grower, may produce 8.5 percent less
cocoa this year after drought in 2006 reduced the crop, the
Indonesian Cocoa Association said on June 29.
Read more at Bloomberg Commodities News
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