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Olam sees further rise in cocoa prices next year

Global shortage drives price increase for fourth consecutive year

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Cocoa prices will probably advance for a fourth consecutive year in 2015, driven by a global shortage, according to Olam International Ltd.

Singapore

COCOA prices will probably advance for a fourth consecutive year in 2015, driven by a global shortage, according to Olam International Ltd.

Demand will exceed supply by 120,000 tonnes in the season that started on Oct 1 because of lower output in West Africa, the world's...

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