Cocoa Sharply Higher

Cocoa futures are sharply higher Tuesday during early trading. March Cocoa is trading at 2723 up 52 , May Cocoa is trading at 2725 up 48. Chatter that Ivory Coast port arrivals during last January and into early February were more than 18,000 tonnes above last year, but the pace is still slightly below last season's record Ivory Coast production totals. Trading is active.