LONDON — The world's top cocoa producer Ivory Coast is set to resume exports of the commodity after Laurent Gbagbo was finally ousted, a move that will likely weigh on elevated prices, analysts said Wednesday.
Asked by journalists Wednesday when the vital exports of the raw material used to make chocolate would resume, Gbagbo's successor President Alassane Ouattara said: "Immediately."
"I signed a decree yesterday (Tuesday), (Abidjan) port is under control. I named an interim port manager so everything is underway for cocoa to be sent out," Ouattara said.
Around 400,000 tonnes of cocoa have accumulated on the dockside in Abidjan and the southwestern port of San Pedro during the crisis pitting Ouattara against Gbagbo, who refused to admit defeat in a November election.
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