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Ivory Coast Farmgate Cocoa Prices in Week to Nov. 20

Nov. 28 (Bloomberg) -- The following are prices paid for cocoa at the main growing centers in Ivory Coast from Nov. 14 to Nov. 20, according to figures published by the Bourse du Cafe et du Cacao on its website.

The national average paid was 745 CFA francs ($1.51) per kilogram (2.2 pounds), the state-run bourse said. The highest was 800 francs and the lowest 700 francs. The West African nation is the world’s biggest cocoa producer.

Ivory Coast set on Oct. 3 the indicative farmgate cocoa price for the season 2011-2012 at 1,000 CFA francs.

Prices are in francs per kilogram ($1 = 493.5 CFA francs).

Location                       Minimum      Maximum      Average
Abengourou                          --           --           --
Aboisso                            700          750          740
Adiake                              --           --           --
Akoupe                             775          775          775
Agboville                          775          800          785
Ayame                              700          700          700
Alepe                              750          750          750
Bongouanou                         700          760          745
G-Bassam (Bonua)                   750          750          750
Daloa                              725          800          760
Daoukro                             --           --           --
Dimbokro                            --           --           --
Divo                                --           --           --
Gagnoa                              --           --           --
San Pedro                          750          750          750
Sassandra                           --           --           --
Soubre                              --           –-           --
Tiapoum                            750          775          765
National                           750          800          745

To contact the reporter on this story: Olivier Monnier in Abidjan via Accra at ebowers1@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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