Bloomberg – Hedge funds raised bullish bets on cocoa before prices climbed to the highest since 2011 on concern that the deadly Ebola disease will disrupt supplies from West Africa, which produces 70 percent of global supply.
Money managers raised their net-long positions by the most in 16 weeks. As governments and international organizations struggle to contain Ebola, concerns are mounting that the outbreak could spread from nations including Liberia and Guinea to neighboring Ivory Coast, the top cocoa producer.
