Cocoa Sales Resume in Ivory Coast After Regulator Drops Premium
Market Intelligence Analysis
AI-PoweredCocoa sales have resumed in Ivory Coast after the local regulator agreed to sell at par with global prices, resolving a standoff with buyers and potentially alleviating a backlog of unsold cocoa.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Some traders have resumed buying cocoa from top grower Ivory Coast after the local regulator agreed to sell at par with global prices, a shift from a policy that led to a standoff with buyers and left hundreds of thousands of tons unsold.
Analysis and insights provided by AnalystMarkets AI.