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Monday, January 29, 2007

Bitter Chocolate

Melting Chocolate: Cocoa futures continue to struggle, falling to 8-week lows this morning as speculators start to liquidate long positions on the belief that the main Cocoa crop of the Ivory Coast will be larger than expected. According to government officials, the Ivory Coast should harvest 930,000 metric tons of Cocoa in this season’s main crop. Read More....