ReadR

ReadR

ReadR: Read and Share all content, headlines, news and trends results with Seefinish ReadR App.


Discover Content : Trends

Discover real-time trending topics, news headlines, twitter trends, google trends, hashtags, and content from different countries in the world.



Headline : Cocoa prices drop by 26% in two days amid uptick in rainfall, boost in Nigeria’s output

Read more from the original article on here at nairametrics.com.






Tags : #cocoa #prices #drop #2625 #two #days #amid #uptick #rainfall #boost #nigerias #output



No. of Paragraph 28

Cocoa prices moderated past its two and a half-week low on Tuesday amid a boost in supplies from Nigeria and an uptick in rainfall. Nigeria, the world’s fifth largest cocoa producer, reported that its March cocoa exports rose +19% y/y to 22,199 metric tons.

Cocoa active contracts dropped more than a fifth of their value in a span of two days to settle at $7,500 a ton in the US after it soared to record highs earlier this year.

The cash crop fell when it began to rain in West Africa, allaying fears that the crop would be significantly reduced next year.

After it started to rain in West Africa, cocoa prices declined, allaying concerns that the crop would be severely lowered next year.

Read more from the original article on here at nairametrics.com.


Related Headlines : Cocoa prices drop by 26% in two days amid uptick in rainfall, boost in Nigeria’s output (in Google.com):

Hello, below you have a "Web" tab to read more content and an "Image" tab to get related pictures

Example : Trends, Country, News, Jobs, Scholarships, Investment, Business, Politics, Adverts, Fashion, Events, Technology and more.