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Kottayam, Jan. 10

Except minor variations in the market the price of cocoa remained unchanged during the last few weeks. The excess rains at the end of 2007 has considerably affected the production which is reported to be 30 per cent less than the preceding year. The arrival in the markets is also very low. But in places such as Munnar and Adimali etc in high ranges the yield was better at over 70 per cent. Farmers are now looking forward to a better cropping season during the coming months in February- March when the prices also would show upward trends. At present, the price is Rs 28-29 a kg, according to Campco sources. — Aravindan

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