Traffickers in Guinea have been paying between 4,000 CFA and 5,000 CFA per kilogram of cocoa beans, well above Ivory Coast's farm gate price of 1,800 CFA, due to the rise in world cocoa prices.
(Bloomberg) -- Cocoa futures in New York erased earlier gains Monday as traders monitor Ivory Coast bean deliveries for clues on this season’s supply outlook. The most-active contract reversed ...
ABIDJAN, Dec 30 (Reuters) - No rain fell last week in most of Ivory Coast's main cocoa regions and farmers said on Monday that the dry weather could damage bean quality and tighten supply from ...
Heavy rain in the Ivory Coast has also flooded fields, increased disease risk, and affected crop quality. Recently harvested cocoa beans from the Ivory Coast signal lower quality, with counts of ...
Despite the instability, Ivory Coast is the world's largest exporter of cocoa beans, and its citizens enjoy a relatively high level of income compared with other countries in the region.