China is a “huge untapped market,” which could lead to more cocoa-supply shortages, Claudio Oliveira, the head of trading at Castlestone Management LLC., said in the article.
Earlier this year, dry weather across the Ivory Coast and Ghana, the largest cocoa growers, pressured price increases. [Cocoa ETNs Sweeten on Shrinking Supply]
iPath DJ-UBS Cocoa TR Sub-Index ETN
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Max Chen contributed to this article.