Multinational buyers of cocoa are refusing to pay the current market prices
Ivory Coast’s cocoa regulatory body is encountering difficulties in selling cocoa export contracts for the 2024/25 season, as multinational cocoa buyers are insisting on lower prices, despite the current market conditions affected by supply shortages, according to Reuters. Ivory Coast, the world’s leading cocoa producer, together with neighboring Ghana, contributes to about two-thirds of the […]
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