Ivory Coast / Cocoa: Commercial operations are experiencing "a slight slowdown" (regulator)

Djamal AKINBOLA Commercial operations for the intermediate cocoa season opened on April 1, 2021 with the setting of the farm gate price at 750 FCFA / Kg, are experiencing a "slight slowdown" due to "the decline in the supply rate of certain exporters of the rationing the supply of electricity, ”according to the Café-Cacao Council, the regulator of the sector.

“The progress of commercial operations (field purchases and factory deliveries) has experienced a slight slowdown since the beginning of May 2021 following the drop in the supply rate of certain exporters due to the rationing of the supply of electricity in packaging and processing plants ”, we can read in the note from the general management of the Council.

According to the authorities, this situation is due to a drop in the production of electrical energy due to the climatic context of the dry season which deprives a significant part of the production of hydraulic energy and the delay, due to the Covid-19, the realization of the investments planned to increase the production of thermal energy..

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