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Côte d'Ivoire unsold cocoa stocks to soar if price standoff persists
Summary by Ghanaian Times
4 Articles
4 Articles
Côte d'Ivoire unsold cocoa stocks to soar if price standoff persists
CÔTE d’Ivoire will have accumulated about 200,000 metric tons of unsold cocoa by the end of March when its main crop concludes unless the government cuts state-regulated farmer prices. Côte d’Ivoire and neighbouring Ghana, which together produce some 50 per cent of the world’s cocoa, are facing a growing crisis as unsold cocoa stocks from the main crop have piled up both inland and at the ports over the past months. The unsold cocoa has accumula…
·Accra, Ghana
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