Friday, 6 May 2011

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Cocoa Futures Fall Most in Five Weeks; Sugar, Coffee Decline

  • Friday, 6 May 2011
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  • Cocoa tumbled the most in five weeks in New York on bets that a large crop in West Africa will add to supplies boosted by the resumption of exports from Ivory Coast, the world's largest producer. Sugar and coffee also fell. William Venables, the head of cocoa trading at Armajaro Trading Ltd., said yesterday that the smaller of two seasonal West African crops will be "pretty good." Ivorian



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