(Bloomberg) -- Cocoa had its biggest weekly decline since July as stockpiles monitored by the Euronext.liffe exchange climbed and bean deliveries to ports in Ivory Coast, the world's biggest grower, increased.
Inventories rose 0.9 percent in the past two weeks, taking the increase this year to 57 percent, London's Euronext.liffe said on its Web site. Farmers in Ivory Coast delivered 1.1 percent more cocoa to the country's second port of San Pedro between the beginning of October and April 22 than they did in the same period last season, Reuters reported yesterday.
Read more at Bloomberg Commodities News
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