London May cocoa expiry sees 72,230 tonnes tendered


(MENAFN- Trend News Agency ) A total of 72,230 tonnes of cocoa was tendered against the ICE May London cocoa contract, exchange data showed on Friday, reports with reference to .

The delivery against the May contract , which expired on Thursday, included 33,990 tonnes of cocoa from Cameroon, 20,330 tonnes from Ivory Coast and 15,570 tonnes from Nigeria as well as smaller volumes from Congo, Ecuador, Ghana, Guinea, Liberia, Papua New Guinea, Madagascar, Sao Tome and Principe, Sierra Leone, Tanzania, Togo and Uganda.

The buyers were J.P. Morgan Securities (68,770 tonnes) and Macquarie Bank Ltd (3,460 tonnes).

The sellers were Societe Generale International (59,210 tonnes), Sucden Financial (12,520 tonnes) and StoneX Financial (500 tonnes).

MENAFN14052021000187011040ID1102080711


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.