Cocoa marks big annual gain as coffee, sugar prices slide

Business Recorder (Jan. 2, 2013) | Cocoa futures in New York and London were mixed on Tuesday, with both markets finishing 2013 up more than 20 percent in their biggest annual gains in four years, bucking a broader commodities downtrend. ICE arabica coffee futures plunged as speculators renewed their selling and commercial buying remained quiet, skidding to a 2013 loss of 23 percent.