• Cocoa Market News March 24, 09'

    The leader of the, Anaky Kobenan. said on state television what had happened in Madagascar should serve as an example for President Laurent Gbagboa in a real transition. Tension builds as the delay of elections are prolonged. Cote d'Ivoire last postponed the vote on Nov. 30 largely due to the slow moving of voter identification.

    A fourth agreement to form a united army of national defense was signed last December by both President Gbagbo and Prime Minister Guillaume Soro, the leader of the former rebel New Forces (FN). They had agreed to speed up the pre-election census. The two men signed their first deal in March 2007, under which Soro was name prime minister.

    Note: Ivory Coast is the a leading cocoa and diamond exporter in West Africa, was split into the government-controlled south and the FN- held north after a botched coup attempt by the former rebel in 2002. The presidential polls have never taken place since the signing of peace accords in 2003.

    Nigeria (4th biggest cocoa grower - 300,000 MT per yr) arrivals main export route of Lagos climbed to 130,000 MT between Oct. 1 2008 and Feb. 28 2009, 14 percent higher than the 113,500 MT delivered in Lagos in the same period of the 2007/08 season. 15,000 MT of cocoa beans arrived in Lagos in February

    Morowali, Indonesia is going through major flood issues. Besides cocoa the floodwaters also inundated 526 hectares of rice paddies, 161 hectares of fish farms and 163 hectares of farmland. Some 4,682 people from 1,313 families were evacuated.

    Candy store owners and managers are noticing a big increase in sales. As unemployment has risen Americans, particularly adults, have been consuming growing volumes of candy. Mostly the cheaper candies but the higher quality candies as well.

    For all you buyers out there:
    X-dock U.S. Eastern Seaboard North of Hartteras, sellers option, in dollars per metric ton. May quotes. Sources: Cocoa Merchants Assn. of America.
    Cocoa Beans Today Previous
    Main Ghana grade 1 3,146 3,118
    Main crop Ivory Coast, grade 1 2,943 2,938
    Nigerian Main Crop grade one 2,925 2,918
    Superior seasons Arriba (Ecuador) 2,868 2,835
    Sanchez faq (Dominican Republic) 2,876 2,860
    Malaysia 110 2,608 2,587
    Sulawesi faq 2,683 2,668
    Cocoa Liquor
    Ecuador 3,717 3,705
    Pure pressed cocoa butter
    Africian type butter 6,396 6,463
    Natural 10-12 pct nat cake 1,193 1,318

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    Cocoa Market News March 24, 09'

    The leader of the, Anaky Kobenan. said on state television what had happened in Madagascar should serve as an example for President Laurent Gbagboa in a real transition. Tension builds as the delay of elections are prolonged. Cote d'Ivoire last postponed the vote on Nov. 30 largely due to the slow moving of voter identification.

    A fourth agreement to form a united army of national defense was signed last December by both President Gbagbo and Prime Minister Guillaume Soro, the leader of the former rebel New Forces (FN). They had agreed to speed up the pre-election census. The two men signed their first deal in March 2007, under which Soro was name prime minister.

    Note: Ivory Coast is the a leading cocoa and diamond exporter in West Africa, was split into the government-controlled south and the FN- held north after a botched coup attempt by the former rebel in 2002. The presidential polls have never taken place since the signing of peace accords in 2003.

    Nigeria (4th biggest cocoa grower - 300,000 MT per yr) arrivals main export route of Lagos climbed to 130,000 MT between Oct. 1 2008 and Feb. 28 2009, 14 percent higher than the 113,500 MT delivered in Lagos in the same period of the 2007/08 season. 15,000 MT of cocoa beans arrived in Lagos in February

    Morowali, Indonesia is going through major flood issues. Besides cocoa the floodwaters also inundated 526 hectares of rice paddies, 161 hectares of fish farms and 163 hectares of farmland. Some 4,682 people from 1,313 families were evacuated.

    Candy store owners and managers are noticing a big increase in sales. As unemployment has risen Americans, particularly adults, have been consuming growing volumes of candy. Mostly the cheaper candies but the higher quality candies as well.

    For all you buyers out there:
    X-dock U.S. Eastern Seaboard North of Hartteras, sellers option, in dollars per metric ton. May quotes. Sources: Cocoa Merchants Assn. of America.
    Cocoa Beans Today Previous
    Main Ghana grade 1 3,146 3,118
    Main crop Ivory Coast, grade 1 2,943 2,938
    Nigerian Main Crop grade one 2,925 2,918
    Superior seasons Arriba (Ecuador) 2,868 2,835
    Sanchez faq (Dominican Republic) 2,876 2,860
    Malaysia 110 2,608 2,587
    Sulawesi faq 2,683 2,668
    Cocoa Liquor
    Ecuador 3,717 3,705
    Pure pressed cocoa butter
    Africian type butter 6,396 6,463
    Natural 10-12 pct nat cake 1,193 1,318

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