(Bloomberg) -- Cocoa dropped to a two-month low in London as consumers delayed purchases on speculation exports will increase from Ivory Coast, the world's biggest producer of the beans.
Arrivals of cocoa at Ivory Coast ports rose to 976,690 metric tons in October through April 22, from 969,757 tons a year earlier, Reuters reported today. There is a ``lack of industry buying,'' Stephanie Garner, a trader at Sucden (U.K.) Ltd. in London, said in an interview.
Read more at Bloomberg Commodities News
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