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Slight climb in cocoa prices as chocolate production slows

Grindings

Slight climb in cocoa prices as chocolate production slows

By Anthony Myers

Cocoa prices rallied in the week ending 24 June, after the Cote d’Ivoire government reported that cocoa farmers sent a cumulative 2.24 MMT of cocoa to its ports from 1 October 1 to 19 June, down -1.8% y/y.