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Friday, 25 February 2011

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ICE cocoa hits fresh 32-yr high on supply concerns

  • Friday, 25 February 2011
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  • LONDON (Reuters) - ICE cocoa prices hit a 32-year peak on Friday as fighting intensified in top producer Ivory Coast, fuelling concerns about future cocoa supplies from the region. "Most of the people that we speak to are now leaving the country because it's too dangerous," a European trader said, adding the industry is at a standstill. The spread of clashes in the world's top cocoa grower comes



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