You are here

Sharp drop in cocoa prices hits producers

Industry group urges members to coordinate production strategies to confront price crisis
Wednesday, April 26, 2017 - 05:50

BT_20170426_SYCOCOA26_2857087.jpg
Bumper crops around the world have sent cocoa futures tumbling by roughly a third since last year.

Abidjan

THE world's cocoa-growing countries must coordinate production strategies to confront a sharp drop in global prices that has hit farmers and government coffers hard, the chairman of the International Cocoa Organization (ICCO) said on Monday.

Bumper crops around the world

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom