date:Dec 06, 2018
This is good news for West Africas cocoa growing communities, Fortin Bley, chairperson of Fairtrade Africas West African Network and a cocoa farmer himself, said according to Confectionery News. Farmers have been badly squeezed by low world prices, so the higher the Fairtrade Minimum Price and Premium help to level the playing field for a more sustainable future.
Cocoa prices have been in considerable flux over the past few dropping from over $3,000 per metric ton in 2016 to under $2,000 the