Drastic Fall in Cocoa Prices Effect Ecuador Exports

 

Last Friday, cocoa closed on the NY stock exchange at $2112 per ton, a year ago at this time it was at $3200 per ton.

The drastic fall in prices has caused an 11% decrease in revenues generated on cocoa export sales in Ecuador in the first trimester of 2012, compared to the same period a year ago.

Locally, the price per “quintal” is at $90 when a year ago it was at $160.

To keep reading this article and others like it, sign up for my weekly, Ecuador Insider’s Newsletter below (You can unsubscribe at ANY time):

First Name
* Email
* = Required Field

Published by

Journeyman Jack Ecuador

Proudly serving Ecuador Expats since 2008, My Services, web links, contact info tel. #'s - US, CAN & EC. are all below: Thank You, Jack Abercrombie, Cumbaya, Quito- ECUADOR S.A. [email protected] [email protected] #StrategicRelocationEcuador "May your strategy be as dark as night and as swift as a boulder rolling down a mountain." ~ Sun Tzu "I'd rather prep 10 years too early than 10 minutes too late." Strategic Relocation Ecuador: http://JourneymanJack.com/ Ecuador Real Estate: http://EcuadorRealEstate.org Call Toll free from U.S. & Canada: Mnts: 770-828-7913, & Coast: 770-988-4492, EC. Off: 02-380-4088, Ec. Cel Claro: 098-828-8953, WhatsApp, Zello, Telegram, Viber, Signal, WIRE, Element, Sessions: +593-98-828-8953, For Virtual Real Estate Tours, PreTrip Planning Video Conference via Zoom, jitsi, "skype" user name: "Jack.Abercrombie"- https://join.skype.com/invite/B4plcVLSCGWk Someone once said that Ecuador is a country that is: •EASY to love- •HARD to understand- •Impossible to forget- 'All the Very Best on Your Endeavors in Ecuador-