Source: http://online.wsj.com/articles/cocoa...ars-1411137838
Cocoa Prices Surge on Ebola Fears
Concerns Grow Over Possible Disruption of Supply Chain in West Africa
The deadly Ebola virus spreading through West Africa is sparking fears in the market that supplies of cocoa, one of the region's top exports, could be disrupted.
Prices for the key chocolate ingredient have surged by over 6% this week and are closing in on a three-year high on mounting concerns that the outbreak will reach the Ivory Coast or Ghana, which produce about 60% of the world's cocoa. No cases have been reported in either country. But Ivory Coast shares a poorly policed border with Liberia and Guinea, two of the countries hardest hit by Ebola...
Cocoa Prices Surge on Ebola Fears
Concerns Grow Over Possible Disruption of Supply Chain in West Africa
The deadly Ebola virus spreading through West Africa is sparking fears in the market that supplies of cocoa, one of the region's top exports, could be disrupted.
Prices for the key chocolate ingredient have surged by over 6% this week and are closing in on a three-year high on mounting concerns that the outbreak will reach the Ivory Coast or Ghana, which produce about 60% of the world's cocoa. No cases have been reported in either country. But Ivory Coast shares a poorly policed border with Liberia and Guinea, two of the countries hardest hit by Ebola...
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