Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

The Associated Press March 29, 2011, 3:42PM ET

Cocoa prices plunge on Ivory Coast fighting

Cocoa prices are plunging as Ivory Coast rebels advanced on the capital over a disputed presidential election that has ensnared the cocoa trade.

Cocoa futures fell nearly 6 percent Tuesday to settle at $3,057 per metric ton.

Traders sold cocoa on expectations that a ban on exports could be lifted if the fighting ends soon.

The violent dispute revolves around which leader will control the government of the Ivory Coast, the world's largest cocoa producer. The export ban was imposed in mid-January.

In other trading, wheat, corn and soybeans rose ahead of a government forecast due Thursday that could shed more light on what crops farmers will plant this year.

Metals mostly fell. Energy prices were mixed.

BW Mall - Sponsored Links

Buy a link now!