European Parliament 23 February 2012, Written question E-002162/12 Marc Tarabella (S&D) to the Commission. Commodity speculation is throwing the farming world into a panic

Question for written answer E-002162/12 to the Commission Marc Tarabella (S&D) (23 February 2012) Subject: Commodity speculation is throwing the farming world into a panic On 14 July 2010, cocoa prices on the futures market reached their highest level since September 1977, climbing to more than EUR 3 270 per tonne. A single speculator was behind this remarkable price peak.