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Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa
Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa
Cocoa futures in New York have doubled since the start of March and have now climbed back toward levels not seen since late 2025, around $6,000 a ton, as Jefferies analysts warn that a "perfect storm's a-brewing" across West Africa, the world's top cocoa-farming region.
Jefferies analyst Scott Marks wrote in a note on Tuesday that new weather concerns center on Ivory Coast and Ghana, the world's top cocoa-growing regions.
He said that temperatures in both countries have been about...
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Apr 20, 2026 / Tyler Durden
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Authored by Amin Haqshanas via CoinTelegraph.com,
US aluminium giant Alcoa is reportedly nearing a deal to offload its long-idle Massena East smelter in upstate New York to Bitcoin mining firm New York Digital Investment Group (NYDIG).
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Google signed a three-year Bring Your Own Capacity (BYOC) agreement with Voltus for up to 100 MW of accredited distributed capacity in the PJM Interconnection. Voltus will aggregate batteries, smart thermostats, electric vehicles, and other flexible assets from homes and businesses into a Google-funded Virtual Power Plant (VPP).
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Israeli Strikes in Gaza Kill 12, Including Two Children and a Woman Pregnant With Twins
Israeli strikes on Gaza on Sunday killed at least 12 people, including two children and a pregnant woman, as the Israeli military continues its violations of the US-backed ceasefire deal. The Associated Press reported that a strike on Sunday morning hit a house in the Nuseirat Refugee Camp in central Gaza, killing a man, his […]
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