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West African Cocoa (Price)

Volume 440: debated on Monday 21 July 1947

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asked the Secretary of State for the Colonies what steps he proposes to take to bring the price of cocoa paid to West African producers more into line with the price that his Department is obtaining in the New York cocoa market by recent sales.

The price which the West African farmer will receive for his cocoa in the coming season will be a matter for decision by the Cocoa Marketing Boards which are being established in the Gold Coast and Nigeria. The New York price will doubtless be one of the factors they will take into account.