Saturday, 30 April 2011
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Cocoa prices up on Ivory Coast unrest
Kochi: Chocolates may not come easy on the pocket as cocoa prices surge ahead in the domestic market due to global supply constraints. India imports more than half of its requirement of cocoa every year with demand increasing at a rate of 8% per annum. "With supply from Ivory Coast disrupted due to political problems, availability is low in most of the markets," traders said. Indian cocoa
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