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

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