Wednesday, 23 February 2011
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Turmoil, tight supplies give coffee, cocoa prices strong flavor
Cocoa and arabica coffee futures rose to the highest levels in more than three decades on London's ICE exchange yesterday, with cocoa driven by turmoil in top grower Ivory Coast and coffee by tight supplies of high quality beans. Cocoa futures have been rising as the crisis in Ivory Coast has shut down international banks and led to a virtual halt in exports. Ivorian troops killed at least six http://bit.ly/h5ZSvK
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