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Coffee-Cocoa: In Côte d'Ivoire, the decent income differential is maintained at $400

30/09/2021
Categories: Raw materials

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The decent income differential of $400 applied on each ton of cocoa since the 2020/2021 season will not be removed anytime soon. This was recalled last week by Yves Koné, general manager of the Conseil du Café-Cacao (CCC).

During the current campaign which will end in a few days, the implementation of the decent income differential aimed at improving producers' incomes has been disrupted by the coronavirus pandemic which has reduced the demand for brown gold. This poor economic situation has led the regulator to negotiate discounts on the Ivorian bean in order to reduce the purchase cost for exporters. This approach stimulated external marketing, but had the effect of suppressing the gains of the DRD. However, this situation does not change the living income differential applied to each ton of cocoa, which remains at $400. Remember that the 2021/2022 campaign will start on October 1st.

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