Tag
COCOA
Cocoa prices have seen strength due to cocoa supply concerns this year amid Nigeria’s dwindling cocoa output. LIFFE Cocoa futures at the time of writing traded in London for GBP 3,557 per ton has a year-to-date of 72.4% and it is not far from its 52-week high of GBP 3,634 per ton.
Cocoa futures drifted lower at midweek trading as buyers took some profits off the table amid the strong...
Following last year's bumper crop season, improving conditions in West Africa's cocoa-growing regions could lead to record cocoa...
Here is a list of the top 10 agro-food products exported by Nigeria in 2020
Cocoa prices are rising on the bias that demand would pick up especially during festivities.
LNG was among the top performers in Q3, despite the challenge of the COVID-19 pandemic.
The commodity market performed relatively well in Q3 2020.
Commodities play a vital role in Nigeria’s economy, accounting for more than 90% of its export.
The worsening wave of cases in major global economies strengthened concerns among cocoa traders.
In recent days, cocoa futures have gained over 6%, week to week, ranging from $2250 to settle at $2,357.50 as at 18th April 2020
AFEX has stated that the significant attention being received by the agricultural sector is driven by public, private and development investments.
Afex Exchange Limited (AFEX) and Nairametrics started up conversations about the potential of cocoa as the future for export markets in Nigeria.