ICE tracks cocoa futures in London and New York while El Niño disrupts weather patterns in West Africa and Ecuador.
1 report, 1 independent
Updated Jul 10
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What happened
ICE tracks cocoa futures in London and New York while El Niño disrupts weather patterns in West Africa and Ecuador.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Central Bank of Ecuador monitors the economic health of the country, noting the impact of climate patterns like El Nino.Sub-event
- ICE is tracking record open interest and providing global price benchmarks for sugar, cocoa, and coffee, with El Niño impacting supply outlooks.Sub-event
ICE tracks cocoa futures amid El Niño's climate disruptions in Ecuador and West Africa.1 source
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The entities involved
Related events
- El Nino is causing varied climate impacts globally, including reduced cocoa output in West Africa and excess rains in Ecuador.
- In late 2007, El Niño caused significant weather disruptions, leading to reduced food production and the shutdown of key oil trade routes.
- Analysis by King's College London examines El Nino's potential for extreme weather impacts across Europe.