Vontobel Sees Cocoa Hitting $8,000 a Ton on El Niño Threat
Asset manager Vontobel is eyeing a 50% cocoa rally on the risk that a super El Niño could hit an already disease-weakened crop in West Africa.
By Will Standring · Bloomberg Markets
Asset manager Vontobel is eyeing a 50% cocoa rally on the risk that a super El Niño could hit an already disease-weakened crop in West Africa.