Thursday, 5 May 2011
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Cocoa Supplies Will Outpace Usage by 200,000 Tons, Armajaro Says
Cocoa supplies will outpace demand by 200,000 metric tons in the current crop year, according to Armajaro Trading Ltd., the agricultural-commodities trading arm of Armajaro Holdings Ltd. "The mid-crop will be pretty good in West Africa," William Venables, head of cocoa trading at the London-based company, said in an interview yesterday at its Mayfair offices, referring to the smaller of two
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