date:Jan 08, 2013
inimum farmer price remains a supply risk for the current season.
If middleman profitability is reduced, or if farmers are not realising the new set price of 735 West African CFA francs a kilogramme, deliveries are likely to be down from previous seasons, raising concerns about supply.The average prices for the 2011-12 season were the lowest since 2006-07 as a build-up of stocks and the pre-selling programme in Ivory Coast resulted in a sugar in the commercial net short position and reduced use