London May cocoa expiry sees 72,230 tonnes tendered

Published 14/05/2021, 11:17
© Reuters.

LONDON, May 14 (Reuters) - A total of 72,230 tonnes of cocoa
was tendered against the ICE May London cocoa contract, exchange
data showed on Friday.
The delivery against the May contract LCCK1 , which expired
on Thursday, included 33,990 tonnes of cocoa from Cameroon,
20,330 tonnes from Ivory Coast and 15,570 tonnes from Nigeria as
well as smaller volumes from Congo, Ecuador, Ghana, Guinea,
Liberia, Papua New Guinea, Madagascar, Sao Tome and Principe,
Sierra Leone, Tanzania, Togo and Uganda.
The buyers were J.P. Morgan Securities (68,770 tonnes) and
Macquarie Bank Ltd (3,460 tonnes).
The sellers were Societe Generale International (59,210
tonnes), Sucden Financial (12,520 tonnes) and StoneX Financial
(500 tonnes).

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