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Cocoa prices spike 7% in London after the man claiming Ivory Coast's Presidency calls for a one...

Cocoa prices spike 7% in London after the man claiming Ivory Coast's Presidency calls for a one month ban on exports. Ivory Coast accounts for about 40% of world cocoa production. Natural gas (GAZ) and cocoa (NIB) are about the only commodity ETFs showing red over the last year.
Comments (1)
  • MarketGuy
    , contributor
    Comments (3983) | Send Message
     
    So now the middle class has to decide whether to give the kids hot chocolate or put gas in the car. Heck, they can't afford to do both...but not according to Bernanke and CPI of course.
    24 Jan 2011, 07:49 AM Reply Like
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