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Tuesday, July 7, 2020

This Africa’s Cocoa Producer Weighs Increase in Bean Quality Premium

By Baudelaire Mieu Top grower may double origin differential as prices fall Country sees widening quality gap over some other producers Ivory Coast is weighing an increase in the premium that it charges for the quality of its cocoa to as much as double the current margin,...

30,000 tons of Nigeria cocoa exports stalled over Covid-19 safety protocols

Health protocols introduced by Nigerian authorities to curb the spread of the Covid-19 disease have delayed cocoa exports, leaving at least 30,000 tons stranded at the Lagos port and in warehouses. Under rules introduced by shipping regulators, crew of vessels entering the country’s waters are...

London May cocoa expiry sees 20,330 tonnes from Nigeria, others tendered

LONDON, May 14 - A total of 20,330 tonnes of cocoa was tendered against the ICE May London cocoa contract, exchange data showed on Thursday. The delivery against the May contract, which expired on Wednesday, comprised 8,280 tonnes of cocoa from Cameroon, 5,080 tonnes...

Nigeria’s cocoa mid-crop output seen weak as coronavirus disrupts farmers exports creating backlog of unshipped beans

Chijioke Ohuocha ABUJA, May 15 - Nigeria’s cocoa mid-crop output is expected to be weak as measures to curb the spread of the coronavirus hindered farmers and exporters, creating a backlog of unshipped beans, the president of the cocoa association said. Mufutau Abolarinwa told Reuters...
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