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global cocoa marketCNBC
•Business
Business & Economics
89% Informative
Cocoa futures for March delivery in New York traded 1% higher at $ 11,938 per metric ton at around 7:10 a.m. ET on Tuesday .
Price of chocolate's key ingredient has skyrocketed this year , prompting analysts to issue fresh warnings about extreme price volatility.
It comes amid renewed concerns over adverse weather conditions and supply tightness in West Africa .
VR Score
93
Informative language
93
Neutral language
83
Article tone
semi-formal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
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