Analysts attributed the gains to strong technical factors and rumors that the Brazilian cocoa crop would be less than expected.
An estimated 75% of nutmeg plantations were destroyed, along with nearly all of the island's banana and cocoa crops.
She also said there had been reports that disease might affect the cocoa crop.
We're already seeing the effects of rising temperatures on cocoa crops currently produced in marginal areas, and with climate change these areas are certain to spread.
One-fifth of the world's cocoa crop passes through San Pédro.
Even as persistently small cocoa crops drove prices up over the last two years, cocoa bean farmers enjoyed little of the gain.
Landlords' effective control over sharecroppers declined following the 1922 blight of the cocoa crop.
The buying was spurred by talk that the West African cocoa crop would be smaller than last year's.
The African cocoa crop is entirely of the forastero variety.
For ten years, this dynamic was led by the cocoa crop, that used to be the state's main product and its most important source of income.