Real cocoa buyers, who are probably chocolate manufacturers, are getting tired of excessive speculation in the cocoa market; they’ve threatened to move from London to unspecified US cocoa futures exchanges if something isn’t done to improve things:
Telegraph Article
(Third section, after Gold movements and Shipping rates)
I suppose speculation is good if it balances demand and evens out prices, but bad if the end customers feel that they are being cheated.
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Another article: Mystery trader buys all Europe’s cocoa.
No wonder people are annoyed.