I reported a couple of weeks ago that the new management committee for the cocoa sector in the Côte d’Ivoire set a new indicative price of CFA700 ($1.48) per kilogram for the 2008/09 cocoa season. That represented a forty percent increase over the indicative price of the previous season. I also reported that this indicative price is not a mandatory price. That is, traders and other middle men can pay more or less depending on the quality of the cocoa and market conditions. But that’s not how Ivorian cocoa farmers see it.
Continue reading “Cocoa Farmers block Cocoa Delivery in the Côte d’Ivoire”
