Transport Infrastructure
Ivory Coast cocoa exporters cut purchases as port rates rise, sources state
Swiss chocolate maker Barry Callebaut and Singaporebased food group Olam have been buying fewer cocoa beans from Ivory Coast because midDecember after an increase in port costs at Abidjan and San Pedro, industry sources said on Thursday. 7 cocoa purchasers based in the regions of Soubre, San Pedro, Duékoué and Meagui informed Reuters they are charging exporters, including smaller operators, more than an authorities cap in order to benefit from an increase in international cocoa rates towards record levels. We have actually needed to decrease our cocoa purchases in the bush because mid-December due to the fact that of price...