Ivory Coast Cocoa Regulator Reform Aims To Curb Influence Of Intermediary Buyers, Will Reduce Number Of Permits; Ivory Coast Cocoa Sector Reform Expected To Be Implemented As Soon As In 2024/2025 Season Starting In October
Portfolio Pulse from Benzinga Newsdesk
Ivory Coast's cocoa regulator is set to implement reforms aimed at reducing the influence of intermediary buyers and decreasing the number of permits. These changes are expected to take effect in the 2024/2025 season starting in October.
June 14, 2024 | 2:15 pm
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Ivory Coast's cocoa sector reform could impact Hershey's supply chain and costs by reducing the influence of intermediary buyers and the number of permits.
The reform aims to streamline the cocoa supply chain in Ivory Coast, which could affect Hershey's procurement process. However, the exact impact on costs and supply stability remains uncertain.
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