COTE d’Ivoire has warned that it may raise cocoa prices in retaliation if steep new US tariffs announced by President Donald Trump are enforced. The move could increase global cocoa costs and impact American consumers. The US administration last week imposed 21 percent tariffs on cocoa imports from Côte d’Ivoire, the highest such duty in West Africa. … Read more
COCOA farmers in Ghana, the world’s second-largest cocoa producer, are reportedly hoarding beans in anticipation of a price increase. This move could strain the global cocoa market, which is already struggling to recover after poor harvests last season. According to multiple industry sources, farmers are holding back stock as they wait to see if government … Read more
GHANA is testing a cutting-edge system to trace cocoa beans from farm to port as it prepares for the implementation of a new European Union law that bans the import of commodities linked to deforestation. The law, set to take effect at the end of December, requires EU importers of products like coffee, cocoa, … Read more