Coffee, Cocoa and Sugar Production Make Investors Hungry for Soft ETFs
August 27, 2008 at 18:00 PM EDT
Cocoa exports from Nigeria doubled in the second quarter, making investors coo-coo for the cocoa exchange traded note (ETN). Nigeria is the world’s fourth-largest producer of the key chocolate ingredient, reports Dulue Mbachu for Bloomberg. The stepped-up production was as a result of government incentives. Production could have actually been higher, since the official tally doesn’t [...]