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Cocoa beans are more expensive than at any time in the last three decades

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Michael BärJuly 22, 2010

Welcome back... Cocoa prices remain volatile this Thursday on speculation over lower supply in Africa and higher global demand. One ton of cocoa is trading at 2- thousand 935 Dollars. The price is sharply lower than last week when speculators drove cocoa to a 33-year high. Still, many investors are concerned over the supply of cocoa from the Ivory Coast where heavy rains could delay the October harvest.

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