Cocoa price slump bypasses Nigerian processors

…Farmgate prices crashes 83% Nigeria’s cocoa processors are struggling to benefit from the recent cocoa price collapse, with the industry failing to capitalise on cheaper raw materials after prices plunged 83 percent from 2024 peaks. The price drop, which has seen cocoa trade around N2.5 million per metric ton from a 2024 peak of N15 […] read more Cocoa price slump bypasses Nigerian processors

Cocoa price slump bypasses Nigerian processors

…Farmgate prices crashes 83% Nigeria’s cocoa processors are struggling to benefit from the recent cocoa price collapse, with the industry failing to capitalise on cheaper raw materials after prices plunged 83 percent from 2024 peaks. The price drop, which has seen cocoa trade around N2.5 million per metric ton from a 2024 peak of N15 […]

read more Cocoa price slump bypasses Nigerian processors