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Find all the economic and financial information on our Orishas Direct application to download on Play StoreFor the 2021/2022 campaign, the Coffee-Cocoa Council (CCC) of Côte d'Ivoire has put an end to the sale of cocoa export contracts due to the poor harvest.
Sales operations are currently at a standstill due to the low harvest. The CCC took this decision because the sector had been disrupted by the slowdown in world demand for cocoa. Indeed, due to the insufficient rains that fell between July and August in the growing areas, production should notably drop by 250,000 tonnes in 2021/2022. On behalf of said season, the country sold an estimated 1.6 million tonnes of cocoa export contracts at the end of last August at a discount of 150 pounds per tonne.
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