Ecuador, prices trend lower for coffee, cacao on European crisis fears

Posted on November 9, 2011 • Filed under: Agriculture, Business, Cacao Global, Ecuador

October is the worst month for Ecuadorian producers of cocoa and coffee. Worry and nervousness about the European debt crisis limits purchases in foreign markets and generated a fall in prices. The average price per quintal of cocoa between 17 and 21 October was $ 107.5. That is the lowest weekly price of the year, according to reports from the National Cacao Exporters and Producers (ANECACAO). Read Article

Share This Story
  • Print
  • Digg
  • StumbleUpon
  • del.icio.us
  • Facebook
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
  • Add to favorites
  • email

Related News:

  1. Cacao exibits, contests, Tocache Peru
  2. Ecuador named best cacao in the world
  3. Kraft Foods and organic cacao growers strike deal with Dominican Republic
  4. Cacao exports from Honduras to Swiss factoris, $1.5 million
  5. Despite record crops globally and in Brazil, demand for high-quality coffee beans fuels a price rally. Conventional wisdom among coffee traders has been that Brazil is the driving force for coffee prices — and with good reason. Historically, Brazil has been the world’s largest coffee producer. However, the market could be changing.