Cocoa Trade Resumes in Ivory Coast as Prices Align Globally

Cocoa traders have started purchasing from Ivory Coast again after the country's regulator decided to sell cocoa at prices matching the global market. Bloomberg posted on X, highlighting that this change marks a departure from a previous policy that resulted in a standoff with buyers and left significant quantities unsold. The adjustment aims to resolve the impasse and stimulate trade in the world's leading cocoa-producing nation.