date:Jan 24, 2013
. Prices will average $2,450 in the third quarter and $2,550 in the fourth, she said.
Declining Stockpiles
Grinding in Malaysia, Singapore and Indonesia climbed 3.6 percent to 606,622 tons in 2012, the Cocoa Association of Asia said Jan. 21. Inventories with a valid grading certificate in warehouses monitored by NYSE Liffe were 43,020 tons as of Jan. 7, down more than 50 percent in the past year and the lowest since 2003.
Harvesting in Sulawesi island, the countrys main producing region, may