Cocoa prices traded on Nymex closed up. Cocoa futures prices for delivery in December 2011 closed at price levels of U.S. $ 2,756 per ton or higher at U.S. $ 63 from the previous price. Cocoa price increase occurred because of reports that the processing of cocoa production in North America has increased in the third quarter. Besides the rise in cocoa prices also affected the global cocoa production will decline due to the influence of weather. Ivory Coast production is estimated to fall 9% to 1.35 million tons, from 1.48 million tonnes the previous harvest year. Production of Ghana are also expected to decrease by about 11 percent on year to 805,000 tonnes from 905,000 tonnes.
Cocoa bean prices dried in Palu, Central Sulawesi until the end of October 2011 is still stable. Cocoa prices in the collector is at a level price of USD 21,600.00 per kilogram. Rise and fall of prices in the local market Cocoa always keep abreast of international prices. If the price rises on international markets, exporting auto purchase price and the traders certainly go better, and vice versa. Data Cocoa Plantation Office said production farmers Sulteng currently reaches over 137 000 tons with the total area of 224,113 hectares. The area is spread in 10 districts of Poso, Morowali, Tojo Una-Una, Buol, Tolitoli, Banggai, Banggai Islands, Parigi Moutong, Donggala, and Sigi.
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