Cocobod hasn't changed the price it charges cocoa farmers for fertiliser even though the international market price has gone through the roof. Meanwhile the illegal resale of the heavily subsidised fertilisers that it distributes to its Ghanaian affiliates is flourishing. Those diverted volumes often cross the Ivorian border. [...]
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Ghana, Ivory Coast
Accra forced to align itself with Abidjan on cocoa prices

The Ghanaian Cocoa Board is in the process of performing a U-turn on cocoa prices. Having initially announced that it would not change the farm gate price this season, it has had to back down in the face of pressure from Ghanaian grower associations, who have taken advantage of Ivory Coast's decision to increase its own farm gate price by 9%.

Free access Commodity traders 07.10.2022

Australia, Morocco, Western Sahara
OCP resumes Western Sahara phosphate exports to Australia

Faced with supply difficulties linked to Russia's war on Ukraine, the Australian fertiliser producer Incitec Pivot has restarted its imports of phosphates from the Boucraa mine in the Sahara, operated by OCP. It had stopped sourcing there in 2016, after protest from Scandinavian shareholders.

LogoSubscribers only Mining, Commodity traders 04.10.2022

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