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Wednesday, 2 March 2011

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In tense times, cocoa goes cuckoo

  • Wednesday, 2 March 2011
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  • Beset by armed conflict, supply threats, near-record prices and now, a flash crash, the cocoa market doesn't quite know how to behave these days. Coming off a 32-year high in pricing, cocoa futures went into free fall Tuesday morning, sinking more than 13% in less than 60 seconds on the New York commodity exchange. One minute later, the market recovered about three-quarters of the loss, before



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