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Enough cocoa to make 5 billion small chocolate bars!
It has been reported that Anthony Ward, a hedge fund investor, has just bought £650m worth of cocoa beans. This is the biggest single cocoa trade in 14 years. I wrote a blog earlier in the year about the price of cocoa rising due to an increase in demand.
So why buy so much? Well it looks like he is trying to corner the market and in some years time make a good amount of money out of it.
This is a really interesting article for some summer reading.
