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A comment on Ghana will no longer sell cocoa to Switzerland. Parent comment

Re:Ghana will no longer sell cocoa to Switzerland by austincheney on Friday March 19, 2021 @07:37AM (#26512141)
> If you think you're not being paid enough, increase the price along with creating your own products.

Who makes that decision? Cocoa slavery is a thing because the economics of raw material pricing is complicated by many factors but the demand is very simple and very high.

[ Parent | on HN ]
Re:Ghana will no longer sell cocoa to Switzerland by sokoloff on Friday March 19, 2021 @07:42AM (#26512166)
The (effective) demand for beans produced in Ghana just went way down with this policy enactment though, right?
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Re:Ghana will no longer sell cocoa to Switzerland by austincheney on Friday March 19, 2021 @08:20AM (#26512413)
I doubt it. If anything it will restrict market availability which will only increase demand, but the best way to know is watch the price for beans.
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Re:Ghana will no longer sell cocoa to Switzerland by sokoloff on Friday March 19, 2021 @09:20AM (#26512949)
I agree that watching the market is the best way to judge the balance.

I'd expect the price for beans as-delivered to Switzerland is likely to go up. The price for beans as-offered in Ghana is likely to go down. The latter matters more to Ghana cocoa farmers.

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Re:Ghana will no longer sell cocoa to Switzerland by fuzzfactor on Sunday March 21, 2021 @09:11AM (#26530118)
The farmers who make more money from the slavery aspect rather than the cocoa itself will move on to other crops.
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Re:Ghana will no longer sell cocoa to Switzerland by Mat342 on Friday March 19, 2021 @11:59AM (#26514874)
It's 2021, africans can abolish slavery if they want to
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