The price of cocoa continues to fall back as chocolate manufacturers see demand in Europe wane with all the financial unrest. After hitting a 33-year high last year due to a supply disruption from political unrest in the Ivory Coast, prices have now retreated back 42% and look set to stay low with forecasts projecting that supplies will outpace demand for the next season. Cocoa futures -1.2%.
The price of cocoa continues to fall back as chocolate manufacturers see demand in Europe wane...
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