Weekly 06 14 24 COCOA IVORYCOAST BUYERS EXCLUSIVE scaled

Ivory Coast cocoa regulator targets intermediary buyers in sector reform | Reuters News Agency

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Commodities

Reuters exclusively reported that Ivory Coast’s cocoa regulator plans to implement a reform of the domestic cocoa marketing system that will, within a year, eliminate middlemen to prevent risk and overpayment.

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Market Impact

The reform will rely on Ivory Coast’s new cocoa traceability and certification system, which will digitise payment for all cocoa bean sales or purchase transactions from the farmer to the exporter. 

Article Tags

Topics of Interest: Commodities

Type: Reuters Best

Sectors: Commodities & Energy

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Regions: Africa

Countries: Ghana

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

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Customer Impact: Significant National Story

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