Cocoa is Ghana

Following series of engagement with key stakeholders, Cote D’Ivoire and Ghana have established a new pricing mechanism for the trading of cocoa beans which, we believe, would help provide a remunerative price for the Farmer.

The Mechanism which was introduced to industry players was understood.

This system takes into consideration a fixed living income differential which would provide farmers a decent income.

A $400 per tonne (Living Income Differential) has been instituted to guarantee the floor price.

Cote d’Ivoire and Ghana have however promised to engage industry on issues of sustainability.