The price of future cocoa deliveries is soaring on the commodity market in New York. A new wave of concern about future supply is behind the price records.
Poor harvest conditions in West Africa, where most of the world's cocoa is grown, is a factor that has created supply concerns.
The most traded futures contract rose in Monday's trading to 11,768 dollars per ton, an increase of 4.1 percent.
The price increase follows strong price increases for cocoa earlier in the year, which have more than doubled the cocoa price.
