Transport Infrastructure
Ivory Coast cocoa imports are below exporter expectations, says regulator
Yves Brahima Kone said that cocoa arrivals in ports of Ivory Coast, the top producer, reached 1,540 million metric tonnes at the end May. This compares to exporters' estimated 1.624 millions tons for the same time period. Exporters reported that last month the quality of cocoa was low and buyers refused to buy more beans, resulting in low volume. Six exporters said that although some trucks carrying poor-quality cocoa were returned by exporters, their beans were still recorded in the records. This explains the 5% discrepancy between the figures supplied by the regulator and those of exporters. This is a...