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Cocoa butter values to fall

This article was originally published in The Public Ledger

COCOA butter will trade 12 to 15% below an August estimate as pre-Christmas demand is too low to ease a world glut caused by increased grindings, an eight person Bloomberg survey showed. The cocoa butter price in Europe will be 0.95 to 1.1 times the value of the beans traded in London from now until the end of the year.

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