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Find all the economic and financial information on our Orishas Direct application to download on Play StoreWhile producers have not failed to mark their satisfaction with the new price of cocoa set at 1000 FCFA / Kg, that their joy could be short-lived.
According to information from concordant sources, a dispute would oppose the Coffee-Cocoa Council (CCC) to the multinationals.
We learn that these companies would demand a "reduction" in the price applied to them by the Government because of the "slowdown" in global demand for beans that is felt on international prices.
The multinationals would propose to the Council to lower the premium for the quality of the beans to a range of 20 to 50 pounds sterling per tonne of beans, against a premium currently due of 70 to 100 pounds sterling. A request to which the CCC has not yet responded and which would be at the origin of the "impasse" in the sector.
According to the said sources, this unforeseen event would risk disrupting the campaign that began on 1 October 2020, because to these difficulties, relating to the decline in demand, would be added those of overproduction.
The reaction of the Coffee-Cocoa Council is now eagerly awaited in this case relayed in recent days by several sources and whose silence of the state structure surprises many people.
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