Fall in Price of Cocoa
p. 48 · Read in the full issue
From Our Own Correspondent APIA, July 15.
THE SS Sonoma of the Matson Line is expected end of July to lift a cargo of 400 tons of cocoabeans from Apia produce sheds for the American market.
The price of Samoan cocoa has recently dropped from £2BO to £3OO per ton f.o.b. Apia to £250 per ton.
A fairly good crop of cocoabeans has just been harvested.
The market for desiccated coco nut has also shown a falling tendency of late; 750 cases of this line were shipped by MV Matua in July.