Tag: West Africa
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Cocoa Prices Reach Unprecedented Highs: Navigating the Surge Ahead of Valentine’s Day
A Sweet Spike in Cocoa Costs As Valentine’s Day approaches, a time when chocolate demand typically soars, the cocoa market has experienced a dramatic surge, reaching an all-time high. On Friday, cocoa futures closed at an astonishing $5,888.00 per ton, surpassing the previous day’s record. This sharp increase, with prices more than doubling over the…
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The Untapped Potential of Soft Commodities in West Africa
A Wealth of Agricultural Resources West Africa, a region rich in agricultural diversity, stands as a significant player in the global market for soft commodities. This region is home to a wide array of agricultural products, including cocoa, cotton, cashew nuts, maize, cassava, rice, sorghum, millet, and palm oil. In this blog post, we delve…