Kottayam: The cocoa market is passing through an inactive phase with prices maintaining a steady trend. The arrivals are reported to be very meagre especially during the current off-season. Fresh arrivals would commence only in May-June during the harvesting time.
The demand is expected to pick up in the coming months with rise in arrivals, said Campco sources. At present, wet beans is being traded at Rs 29-30 a kg. In places where cocoa was cultivated in a big way, farmers have shifted to more profitable crops as a result of the declining prices.
The demand is expected to pick up in the coming months with rise in arrivals, said Campco sources. At present, wet beans is being traded at Rs 29-30 a kg. In places where cocoa was cultivated in a big way, farmers have shifted to more profitable crops as a result of the declining prices.
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