Yves Brahima Koné, the head of the Conseil Café-Cacao, has decided to calm relations between his organisation and exporters who have been unable to fulfil their contracts for the main harvest season.
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Most of the major traders had anticipated a production drop of between 20% and 25%. However, almost 50% of the volumes sold by the Conseil Café-Cacao will not materialise before the end of the
As the start of the 2023-2024 cocoa season approaches, the Conseil Café-Cacao is stepping up pressure on the EU by continuing its blockade of forward sales of cocoa beans.