A number of traders have resumed buying cocoa from Ivory Coast, the world's largest producer, following approval from the local regulatory authority. This decision comes after a period of uncertainty in the cocoa market. The resumption of purchases is expected to stabilize supply chains. Industry experts believe this will have a positive impact on global cocoa prices. The regulatory approval was a key factor in this decision.
Traders Resume Cocoa Purchases in Ivory Coast
Traders have resumed cocoa purchases in Ivory Coast, the world's largest producer, following approval from the local regulatory body. This move is expected to stabilize global supply chains.