Cote d’Ivoire

Ghana and Cote d'Ivoire have announced a new cocoa trading pricing mechanism offering a $400 per tonne living income differential (LID) to the farmer. The Living Income Differential is introduced as a "guarantee" to the $2,600 per tonne…
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On 12 June 2019, the governments of Ghana and Côte d’Ivoire announced a floor price of USD 2,600/ton of cocoa beans for the 2019/2020 cocoa season. They also announced a suspension of forward sales of beans for the 2020/2021 season. This…
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U.S. food maker Mars Inc. supports a decision by Ivory Coast and Ghana to set a floor price for their cocoa exports, a senior executive told Reuters on Wednesday, becoming one of the first major chocolate companies to back the initiative.…
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Ivory Coast and Ghana invited cocoa buyers and processors to discuss proposals for setting a joint minimum price for their cocoa beans, the latest sign that the world’s top producers are serious about improving cooperation. The two…
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