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Cocoa Prices Expected To Rise
05/15/2008
The International Cocoa Organization (ICCO) monthly review of the cocoa market suggests that a decline of the monthly average ICCO daily price in April compared to the previous month could be misleading as far as futures markets are concerned, as reported by confectionerynews.com.
In April the daily price averaged $2,628 per ton, down by $42 compared to the average price record in March, and ranged between $2,375 and $2,810.
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