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Traders bet on further rise in prices of cocoa

Tuesday, May 5, 2015 - 05:50

A cocoa warehouse in San Pedro. Ivory Coast could sustain supply even if production falls elsewhere.


SPECULATORS are adding to bullish cocoa wagers at the fastest pace in two years as dry weather threatens crops in parts of West Africa, the source of 70 per cent of global supply.

About a fifth of the growing regions in Ghana, the top producer after Ivory Coast, got half

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