Sunday, 22 May 2011
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Ivory Coast Cocoa Prices Rise as Exports Resume Post-Conflict, Growers Say
Prices offered to cocoa farmers in Ivory Coast are rising to levels approaching those seen before the West African nation's civil war as shipments from the world's biggest producer resume. Farmgate prices plummeted from an average 800 CFA-francs ($1.74) a kilogram (2.2 pounds) in February after Alassane Ouattara, now president, imposed an export ban that paralyzed shipments and almost halted
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