The cocoa market has changed dramatically in the last several years. Low prices, fewer companies trading and increased risk have brought about radical changes. While the buyers and sellers have decreased, others players including banks, shipping companies and warehouses have taken on a larger role. This is the only comprehensive reference guide to the worldwide cocoa industry.Provides complete background material on the history of cocoa and agronomics.-- Includes salient data on production, export marketing, contracts, consumption, trade, and prices.-- Explains quality issues involved in cocoa and factors for various buyers.-- Provides explanations of the cocoa trade cycle and marketing chain, descriptions of the key players, detailed coverage of the cocoa futures and options markets.-- Discusses contract specifications, exchange rules and trading procedures and offers detailed statistics.