Saturday, April 28, 2018

KPMG urges spot sale system to address Ivory Coast cocoa defaults

ABIDJAN (Reuters) – Global audit firm KPMG has urged Ivory Coast to introduce a spot sales system for local cocoa exporters who were responsible for defaults on 148,000 tonnes of contracts in the last growing season. The world's top producer sells forward the bulk of its anticipated harvest to be able ...
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