Monthly Review of the Cocoa Market Situation, June 2008

The current review of the cocoa market situation reports on price movements on the international markets during the month of June 2008.  Chart I illustrates price movements on the London (LIFFE) and New York (ICE Futures U.S.) markets in June.

Chart II shows the evolution of the ICCO daily prices denominated in U.S. dollars and SDRs for the period from April to June 2008.  Chart III depicts the link between the ICCO daily prices and the Dow Jones Commodity Index.  Table I presents some price record levels reached by cocoa beans and the extent of the recent increase.

The RSCE has launched a new website

The Roundtable for a Sustainable Cocoa Economy (RSCE) has launched a new website for intensive and interactive dialogue on the challenges of sustainability to the cocoa economy and in preparation for the 2nd Roundtable Meeting (RSCE2), to take place in Trinidad & Tobago in March 2009.

All stakeholders in the world cocoa economy are invited to share their knowledge and experience and to express their views and ideas to achieve economic, social and environmental sustainability throughout the cocoa chain.

For further information and news on the RSCE please visit www.roundtablecocoa.org or click under the RSCE logo on the ICCO homepage.