THE COLLAPSE in world cocoa prices, at a time when its national market has been liberalised, has left policy makers with the difficult task of reinventing financial protection for its producers, a UN World Commodity Survey 2000-2001 has concluded.

It was published by the Geneva-based United Nations Conference on Trade and Development, (UNCTAD), and traces the dramatic fall in world cocoa prices, trading in London from around Pounds 1,100 per tonne in early 1998, to Pounds 718 per tonne in October 1999 and Pounds 571 per tonne in ...

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