Cocoa prices dropped with the market pressured by expectation for a global supply surplus on the back of favorable West African harvests.<\/p>\n
Futures slid as much as 4.2% in New York and London on Monday, paring some gains last week when traders may have covered large short positions. New York futures have slumped about 50% from a record set in December, on projections for a bigger surplus<\/a> in the current season and concern about weak demand.<\/p>\n","protected":false},"excerpt":{"rendered":"Cocoa prices dropped with the market pressured by expectation for a global supply surplus on the back of…\n","protected":false},"author":2,"featured_media":106945,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[255,72,19022,43052,113,27127,65546,65547,47219,1523,61,60,99,123,4320],"class_list":["post-106944","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-africa","tag-business","tag-cameroon","tag-cote-divoire","tag-economy","tag-farming","tag-friedberg-mercantile-group","tag-generic-1st-ct-future","tag-generic-1st-sb-future","tag-government","tag-ie","tag-ireland","tag-london","tag-markets","tag-new-york"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/106944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=106944"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/106944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/106945"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=106944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=106944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=106944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}