Ivorian Cocoa Exporters Pay Premium for Beans as Supply Tightens

Some cocoa exporters in top grower Ivory Coast are being forced to pay more than the government-set price for beans as tight supplies intensify competition and fears grow that a...

By Baudelaire Mieu and Mumbi Gitau · Bloomberg Markets

Some cocoa exporters in top grower Ivory Coast are being forced to pay more than the government-set price for beans as tight supplies intensify competition and fears grow that a powerful El Niño could further curb output.