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Cocoa ratios still at high

This article was originally published in The Public Ledger

COCOA butter ratios have remained at three-year highs in Asia amid thin trade, but volumes are expected to pick up within the next few weeks as buyers start stocking up ahead of Easter. Cocoa butter ratios were flat at 1.90 times London futures, below the European ratios, which stood at 2.05 for January/March delivery. Powder was offered at $2,700 to $3,000 a tonne, a little lower from late December.

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