Nigeria's Cocoa Exports Rise to 152,610 Tonnes |
| Posted by ASCE (admin) on Friday, 28th May, 2010 at 5:33 PM |
On a monthly basis, bean shipments from the worlds number 4 cocoa growers' soared 51 per cent year-on-year to 18,276 tonnes in March from 12,106 tonnes in the same month of the 2008/2009 season, the Federal Produce Inspection service (FPIS) data showed.
Nigerian cocoa exports have consistently risen since the start of the 2009/2010 season in October due to the good weather conditions last year and the maturity of new plantation with high-yielding trees planted few years ago as a direct result of Cocoa Rebirth Initiative of the previous government.
Nigeria'main crop usually comes in at around 220,000 to 240,000 tonnes when the weather was favourable and chemicals readily available.
Source: Daily Trust. Page 34. Friday 21, 2010
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