III Beverages
Author:
International Monetary Fund
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Abstract

Market developments relating to coffee, tea, and cocoa are discussed in this section. Although the beverage use of cocoa is secondary to its use in chocolate confectionery, cocoa is included in this group of commodities because of its traditional association with coffee and tea as a beverage and because it shares with them certain characteristics with respect to supply. Of the three commodities, coffee, which in terms of value is one of the most important commodities in international trade, has a much greater weight in the various composite indices used in the discussion than do tea and cocoa.

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