Ghana will no longer sell cocoa to Switzerland

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?

[ Parent | on HN ]

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.

[ Parent | on HN ]

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.

[ Parent | on HN ]

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.

[ Parent | on HN ]