Ivory Coast could emulate Ghana by cutting the price paid to farmers for their cocoa beans, Reuters reported Thursday citing government sources
Breakdown
- Ivory Coast may cut cocoa prices paid to farmers, following Ghana's example
- Ghana recently reduced its farmgate cocoa price by nearly 30% 10s
- Price cuts aim to stabilize the sector after a drop in global cocoa prices 22s
- An Ivorian inter-ministerial committee met to discuss the issue 29s
- Falling prices have delayed payments to Ivorian cocoa farmers 39s