CIGHCI
Updated 10 days ago
Our vision is to transform the current cocoa sector into a prosperous and sustainable one in line with the common ambition shared by most operators to provide decent wages to cocoa producers, contribute to the protection of forests and biodiversity, and be exemplary in terms of fundamental social and human rights... The world cocoa market is characterised by pronounced volatility and a decline in prices in real terms of about 2% per year over the last half century. Over the same period, value creation has been concentrated in the downstream segments of the market. The differentiation of processed products has led to a relative stability of final prices, with a consequent decline in the price received by the producer as a percentage of the final price, now estimated at 5%. Once an economy of prosperity, the cocoa economy has become an economy of poverty for the millions of small-scale producers unable to earn a decent income... Latest News Executive Secretary's Welcome Message With..