Monthly Review of the Cocoa Market Situation, June 2008

The current review of the cocoa market situation reports on price movements on the international markets during the month of June 2008.  Chart I illustrates price movements on the London (LIFFE) and New York (ICE Futures U.S.) markets in June.

Chart II shows the evolution of the ICCO daily prices denominated in U.S. dollars and SDRs for the period from April to June 2008.  Chart III depicts the link between the ICCO daily prices and the Dow Jones Commodity Index.  Table I presents some price record levels reached by cocoa beans and the extent of the recent increase.