Ivory Coast Exporters Reject Cocoa Beans Over Poor Quality

Exporters are rejecting the bulk of cocoa beans arriving at Ivory Coast ports because of mold and a high volume of waste material, muddying the supply picture when the market is expecting a surplus.

As many as 65% of trucks, each carrying between 30 to 60 tons of beans, are being turned away in the world’s top cocoa producer, according to people familiar with export trends, who asked not to be identified discussing private data.