Cocoa Falls as Ivory Coast Resumes Exports; Sugar, Coffee Gain
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Cocoa fell to a five-week low as companies resumed shipments of the chocolate ingredient from Ivory Coast, the world’s biggest exporter. Sugar and coffee gained.
Armajaro Trading Ltd. said today it restarted shipments this week. Barry Callebaut AG, the world’s largest maker of bulk chocolate, began cocoa-product exports from the African nation on May 8. Trade was halted after civil war erupted following a disputed presidential election in late November.