Cocoa closes with a new drop

Cocoa is still unstable in international markets, like other commodities. Future contracts (March) in New York lost $ 65, equivalent to 2.3%.

Each ton closed at $ 2,764, but during part of the day it expanded its downward trend at $ 2,743, its lowest level since April 1st, 2015.

The reduction reaches the finances of small Ecuadorian producers, mainly those that had obtained prices above $ 3,200 per ton last year. The crop has been the one that has grown the most in size in recent days, with the CCN 51 variety.

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8846576&idcat=38229&tipo=2