21 Days
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الاقتصادية
Ivory Coast Reduces Cocoa Exports
Ivory Coast's cocoa sales have significantly declined, with around one million tons sold for the 2026-2027 season. However, it has begun cutting back on exports due to concerns over the impact of the climate phenomenon El Niño on production. This comes amid efforts to increase the premium on futures contracts to boost demand. Projections indicate that El Niño could cause droughts in major production areas, threatening both the quality and quantity of the harvest, although exporters' opinions vary regarding its potential impact on future production.
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