Cocoa, Coffee Pace Weekly Declines on Signs of Ample Inventory
- Futures retreat after dramatic price gains in November
- Investors weigh increasing U.S. virus cases, vaccine prospects
This article is for subscribers only.
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
Soft commodities posted weekly declines, paced by cocoa and coffee, as investors weighted stunted demand in the U.S. and Europe against prospects for a 2021 recovery amid optimism for a coronavirus vaccine.