Cocoa ETNs Sweeten on Shrinking Supply

Cocoa exchange traded notes are looking sweet as traders push cocoa futures to a two-week high on crop damaging weather conditions. The iPath DJ-UBS Cocoa TR Sub-Index ETN (NYSEArca: NIB) jumped 3.2% Tuesday while the iPath Pure Beta Cocoa ETN (NYSEArca: CHOC) surged 3.6%. Year-to-date, NIB is up...