{"id":462485,"date":"2018-10-03T13:55:24","date_gmt":"2018-10-03T12:55:24","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=462485"},"modified":"2018-10-03T13:55:24","modified_gmt":"2018-10-03T12:55:24","slug":"cocoa-ivory-coast-will-raise-the-purchase-price-to-peasants","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/10\/03\/cocoa-ivory-coast-will-raise-the-purchase-price-to-peasants\/","title":{"rendered":"Cocoa: Ivory Coast will raise the purchase price to peasants"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>C\u00f4te d&#8217;Ivoire is expected to raise the minimum cocoa purchase price for the new campaign that opens early next week. Sources close to the industry have told Bloomberg that the new price should oscillate between 750 and 800 CFA per kilogram, around 1.2 euros.<\/p>\n<p>This trend, in comparison with the 700 CFA francs fixed during the campaign which is ending, is explained by a slight improvement of prices on the world market. But we are still far from the 1,100 CFA francs set during the 2016-2017 campaign, when prices had reached record levels before collapsing at the end of 2016.<\/p>\n<p>The announcement of the opening of the campaign should be made concomitantly with neighboring Ghana with whom Abidjan intends to conduct a common cocoa policy. And with the upward revision of the price on the field, C\u00f4te d&#8217;Ivoire hopes to limit the gap usually observed with the purchase prices charged to its neighbor, a situation that fuels contraband. But also in a campaign context for local elections scheduled for October 13, this prize is also a nod to the Ivorian peasants, a coveted electorate of all time.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>C\u00f4te d&#8217;Ivoire is expected to raise the minimum cocoa purchase price for the new campaign that opens early next week. Sources close to the industry have told Bloomberg that the new price should oscillate between 750 and 800 CFA per kilogram, around 1.2 euros. This trend, in comparison with the 700 CFA francs fixed during<\/p>\n","protected":false},"author":536501,"featured_media":462489,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12032],"tags":[12082,44,12217],"class_list":{"0":"post-462485","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-commodities-en","8":"tag-cocoa","9":"tag-cote-divoire","10":"tag-ivory-coast-en","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cocoa: Ivory Coast will raise the purchase price to peasants - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2018\/10\/03\/cocoa-ivory-coast-will-raise-the-purchase-price-to-peasants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cocoa: Ivory Coast will raise the purchase price to peasants\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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