SKN | Will Ivory Coast Follow Ghana With a Cocoa Price Cut as Global Markets Slide?
Commodities Market Ivory Coast is considering lowering the price it pays cocoa farmers, aligning with neighboring Ghana after a sharp downturn in global cocoa markets. The potential move underscores mounting pressure on the world’s two largest producers, which together account for roughly 60% of global supply. With cocoa futures tumbling nearly 50% in recent months and hitting […]