The FT reported that the price relationship between cocoa commodity markets has broken down because of computerised trading and it has driven price of NY market cocoa up. The disconnection has made profit-making based on fundamentals difficult for Hedge Funds – forcing at least one to shut down. It is likely the cost of raw material for food processors has risen as a consequence.
What is single invoice finance?
Cash for Invoices Limited offers single invoice finance (sometimes called spot factoring or selective invoice finance) - a type of debt factoring that has key advantages over conventional debt factoring and invoice finance: