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Côte d’Ivoire: The mid-crop Cocoa output could fall by 23% on a season-on-season basis

Thursday, 22 March 2018 15:30

(Ecofin Agency) - In Côte d’Ivoire, the cocoa output during the mid-crop ,which will begin in April, could shrink by 23% to stand at 400, 000 tons due to insufficient rainfall between November to March. The information was reported by Reuters, which mentioned a senior source at the Coffee-Cocoa Council (CCC).

 According to the source, the lack of rain in most of the production areas slowed the development of the pods and reduced the survival rate of cherelles (note: young fruits resulting from the fertilization of cocoa tree’s flowers).

With this decrease, the total harvest during the 2017-2018 cocoa season should stand at 1.8 million tons, down by 200,000 tons from the 2million tons produced during the previous season. 

According to CCC, the price per kg of cocoa should be between CFA600-650 CFA during the related season.

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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