date:Jan 18, 2013
ainties with regards to the main crop as well as the cocoa reform in Ivory Coast, the top producer of the bean, which has brought crop marketing under a single regulator prices fell to 1,414 a tonne last week, their weakest since April.
Short-term, we expect cocoa prices to trade on the low side of the well-settled range of the past 12 months, the group said.
That implies values well below levels of 2011, let alone of 2010 when London futures topped 2,700 a tonne, hitting their highest since 1