Food inflation could hit cocoa production if it leads to unrest in producer-areas like Cameroon and the Ivory Coast, the Cocoa Producers Alliance (COPAL) has warned.
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A spokesperson for the Nigeria-based body representing cocoa-growing nations told just-food today (25 April) that there was concern that protests over the rising price of food could disrupt production.
“There has not yet been any indication that production has dropped, but we are concerned that protests in West African countries could affect production,” the spokesperson said.
The price of staples, such as wheat and rice, has increased dramatically in the past year. This has caused concern of food shortages in developing countries and increasing poverty levels – as well as rising costs for food manufacturers.
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By GlobalData
