First imported to America more than five hundred years ago and
propagated on a small scale until the eighteenth century, cocoa is
now one of the most heavily traded food commodities in the world.
While potentially very lucrative, trading in cocoa remains a highly
complex--and risky--venture, rendered even more so today by a
sweeping tide of changes that has dramatically altered its
landscape. In The International Cocoa Trade, the first
comprehensive resource of its kind, commodity expert Robin Dand
provides an all-encompassing guide to the global cocoa industry,
delineating and clarifying its various intricacies for all who
operate and trade within it.
Far more sophisticated than it was just a decade ago, the cocoa
market has undergone major shifts--low prices, a decrease in the
number of companies trading, and an increase in risk levels--that
have not only altered the manner in which its key players conduct
business, but have necessitated a better grasp of industry
fundamentals by all those involved in the production, trading, and
distribution of cocoa. As Dand points out, "The requirement of
understanding the cocoa trade is not limited to those in the string
of buyers and sellers. There are others outside this chain that now
have larger roles in cocoa than in the past, in particular the
banks, but also the shipping companies and warehousekeepers."
In this complete resource, Dand helps all links in this
"chain"--exporters, dealers, brokers, bankers--achieve a better
understanding of the market by providing a complete and accessible
survey of all its essential components. Casting a wide net, The
International Cocoa Trade offers a wealth of information on a
variety of important topics, including the history and agronomics
of cocoa, exchange rules, trading procedures, prices, and contract
specifications. Here's where you'll find in-depth coverage of:
Cocoa production--its history, evolution, and recent trends Quality
assessment--the cut-test, fault definition and standards, methods
of achieving quality cocoa The actuals market--export marketing,
trade associations, marketing boards, processing Terminal
markets--organization of futures markets, players, trading
techniques, options, strike prices, regulatory bodies
Contracts--weight and delivery terms, physical option contracts,
forms and performance Consumption and stocks--the uses of cocoa,
factors affecting consumption, assessment of stock levels, visible
and invisible stocks, the International Cocoa Organization and the
Buffer Stock.
Packed with numerous charts, graphs, and tables, and supported
by a complete appendix that covers such vital cocoa contracts as
AFCC, CAL, and CMAA, The International Cocoa Trade provides an
up-to-date and incisive overview of a market that has grown and
changed considerably over the past few years. An indispensable
resource for everyone involved in the international trade of
cocoa.
"Over the past few years the cocoa market has had to alter its
manner of operation. . . . A]ll those in the chain of trade, from
the exporter, dealer, broker through to the factory not only have
to improve their understanding of the market but also some of the
difficulties faced by others in the commodity. It is hoped that
this book will help all involved in the international trade of
cocoa to achieve this."--from the Preface.
The first comprehensive guide of its kind, The International
Cocoa Trade provides an in-depth overview of one of the most
heavily traded and lucrative commodities on the market, with
complete details on: The history and origins of cocoa Agronomics
and production Consumption and stocks Physical and terminal markets
Trade and contract rules Quality assessment of beans Cocoa bean
processing The manufacture of chocolate.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
