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Cocoa prices are losing value constantly at the last months. We can observe the cocoa market have been losing since 8 months, and the loss value reached more than 30 % with the second half of 2016. We see that prices continue to decline when entering in 2017 in the cocoa market, and it is difficult to find the balance level with a 4% decline in the market. Cocoa prices may be approaching long-term support levels after rapid decline in arriving levels. It is observed that there is an increase in production in Ghana and Ivory Coasts on the supply side. On the other hand, falling prices and an increase in demand are also anticipated. In the coming days, a news stream that may be in a downward direction in production may lead to strong purchases from these price levels.

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