date:Jan 26, 2016
e factoring in the revival will not last.
Futures were forecast ending 2016 at $2,750 a tonne, some $100 a tonne below the futures curve.
The dent to output in West Africa, the top cocoa-growing region, from the dry Harmattan wind looks likely to be less negative than originally thought, Mr Rijkers said.
Cocoa arrivals from plantations to Ivory Coast ports reached 859,821 tonnes in the first three months of 2015-16, to the end of last month, while there are reports of a strong recovery in purch