for subscribers

Ivory Coast said to sell 1 million tons of main cocoa crop

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
Cocoa beans at the biggest chocolate factory in the world where Barry Callebaut is developing a chocolate that not only melts at 55°C, but is also low in calories. (Dominique Faget, AFP)
Cocoa beans at the biggest chocolate factory in the world where Barry Callebaut is developing a chocolate that not only melts at 55°C, but is also low in calories. (Dominique Faget, AFP)

Abidjan - Ivory Coast, the world’s biggest cocoa producer, has sold 1 million metric tons of cocoa beans from its 2017 to 2018 main crop, according to a person familiar with the matter.

Cocoa regulator Le Conseil du Cafe-Cacao is targeting forward sales of 1.3 million tons before the new season starts on October 1, according to the person, who asked not to be identified because the information isn’t public. The current total compares with 950 000 tons through May 27 that Bloomberg reported at the time. The main crop is the larger of the country’s two annual harvests.

CCC spokesperson Mariam Coulibaly Dagnogo wasn’t available to comment and the regulator’s press office declined to comment in her absence.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
17.13
(-0.43)
ZAR/GBP
21.80
(-0.17)
ZAR/EUR
19.97
(-0.08)
ZAR/AUD
12.07
(+0.26)
ZAR/JPY
0.16
(-0.04)
Gold
1854.10
(-0.04)
Silver
22.11
(+0.89)
Platinum
837.70
(+0.74)
Brent Crude
41.98
(+0.17)
Palladium
2210.37
(+0.39)
All Share
54247.81
(+1.84)
Top 40
50127.05
(+2.04)
Financial 15
9588.13
(+0.19)
Industrial 25
74229.70
(+3.26)
Resource 10
53508.98
(+1.08)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 1357 votes
It depends on how the funds are used.
73% - 8809 votes
No. We should have gotten the loan elsewhere.
16% - 1941 votes
Vote