Money managers raised their cocoa investments by the highest amount in 16 weeks. As governments and international organizations struggle to contain Ebola, concerns are mounting that the outbreak could spread from nations, including Liberia and Guinea, to neighboring Ivory Coast, the top cocoa producer.
Prices are heading for a sixth straight monthly gain, the longest streak in 12 years. Increasing consumption of chocolate in Asia is eroding world inventories as a percentage of demand to the lowest since 2010, the International Cocoa Organization estimates.
Enjoy curated articles directly to your inbox.