18 September 1998
  • Cocoa prices fall below £1000 a tonne

    COCOA prices have fallen below £1000 a tonne for the first time in more than a year in reaction to fears over Russian demand and rumours of a larger crop in the Ivory Coast.

    ED&F Man say in a just-published report that west African output was likely to be much lower this season. Output could also be lower in Indonesia, the third largest producer.