News

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

Côte d’Ivoire: The mid-crop Cocoa output could fall by 23% on a season-on-season basis
  • Comments   -   Thursday, 22 March 2018 - 14:30

(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.

Espoir Olodo

African Development Bank (AfDB) has finalized a $50 million equity participation investment in...
Read more |  20 April 2018
In Côte d'Ivoire, newsstand sale generated $5.6 million in 2017, down 18.8% from...
Read more |  20 April 2018
In Egypt, three power plants built by Siemens in Beni Suef, Brulus and...
Read more |  20 April 2018
Bassari Resources announces today April 20, the creation of Makabingui Gold Operation, a...
Read more |  20 April 2018
Mali’s national coordination of farmers’ organizations (CNOP) organized last April 17 a sharing...
Read more |  19 April 2018
African Development Bank (AfDB) has finalized a $50 million equity participation investment in...
Read more |  20 April 2018
In Côte d'Ivoire, newsstand sale generated $5.6 million in 2017, down 18.8% from...
Read more |  20 April 2018
Bassari Resources announces today April 20, the creation of Makabingui Gold Operation, a...
Read more |  20 April 2018
Mali’s national coordination of farmers’ organizations (CNOP) organized last April 17 a sharing...
Read more |  19 April 2018

Copyright Agence Ecofin © 2018. All Rights Reserved.