Cocoa traders in top grower Ivory Coast are holding off buying beans that will be harvested from the upcoming mid-crop, as they seek lower prices following a market rout, according to people familiar with the matter.
Cocoa traders in top grower Ivory Coast are holding off buying beans that will be harvested from the upcoming mid-crop, as they seek lower prices following a market rout, according to people familiar with the matter.
Gabon’s government is in negotiations with the World Bank for a $500 million loan to support the economy, according to people familiar with the matter.
Gabon’s government is in negotiations with the World Bank for a $500 million loan to support the economy, according to people familiar with the matter.
The commercial port area in Port-Gentil, Gabon. Photographer: Guillem Sartorio/Bloomberg
Ivory Coast is facing a temporary glut of cocoa at its ports as farmers rush to find buyers due to falling international prices and a cash crunch affecting local exporters.
Ivory Coast is facing a temporary glut of cocoa at its ports as farmers rush to find buyers due to falling international prices and a cash crunch affecting local exporters.
Anmelden
