Cocoa prices fall below 1000 a tonne

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.

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