Wednesday, 6 April 2011
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Domestic cocoa prices may see a decline this year
KOCHI | AHMEDABAD: Domestic cocoa prices may see a decline this year as the new crop promises to be good. The dry bean prices, which have been hovering around Rs 160 per kg, are set to drop by 10% in the short term, say chocolate companies. However, the global cocoa market continues to be volatile with civil war continuing in the principal producing region of Ivory Coast. "The new crop for
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