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Find all the economic and financial information on our Orishas Direct application to download on Play StoreCertified cocoa stocks fell from 62,060 tonnes (t) to 35,140 t. The International Cocoa Organization (ICCO) in its monthly report notes that this drop represented 43%.
Certified cocoa stocks on the ICE Futures Europe futures market fell by 43% between October, the start date of the current 2020/21 campaign, and the end of February, the International Cocoa Organization points out today. (ICCO) in its monthly report. The share of Ivorian cocoa fell from 17% of the total to 13% and that of Cameroon from 68% to 59% to the benefit of Nigeria whose cocoa now represents 25% of certified stocks against 12% in October. The other origins remained stable at 3%.
Cocoa from Côte d'Ivoire is clearly losing ground in terms of certified stocks on the US futures market, ICE Futures US. It only represents 55% of total certified stocks compared to 75% in October to the benefit of Cameroon, which rose from 2% to 17%, but also Ecuador, which now represents 17% of total volumes compared to 1% at the start of the campaign.
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