The current review reports on price movements on the international markets during the month of September 2007. Chart I shows the evolution of the ICCO daily prices in September; Chart II illustrates price movements on the London and New York markets as well as the ICCO daily prices from July to September 2007;
Chart III shows end-of-month stocks in licensed warehouses in the US and the arbitrage spread between the LIFFE and the ICE futures markets.
NOTE: in January 2007, the Intercontinental Exchange (ICE) acquired the New York Board of Trade (NYBOT), which is now known as "ICE Futures U.S.".
International Cocoa Organization
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The ICCO International Cocoa Agreement is available to download in Acrobat PDF format.
The procedures for becoming a member of the International Cocoa Organization are provided in Articles 52 to 57 of the International Cocoa Agreement, 2010.