Nigeria to start direct cocoa bean shipments to Russia in autumn

Published 2024년 8월 28일

Tridge summary

Nigeria, a major global cocoa bean producer, will begin supplying cocoa beans to Russia in September-October, aligning with the autumn harvest. Russian trade representative Maxim Petrov announced that top Russian chocolate manufacturers have approved the quality of Nigerian cocoa beans. These beans will be delivered by Russian trading houses that already export various products to Nigeria. This initiative aims to diversify Russia's cocoa sources away from unfriendly countries and capitalize on favorable prices due to a good harvest, with cocoa prices having dropped from $12,000 per ton in March to just over $7,500 recently.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Nigeria, one of the world's largest cocoa bean producers, will begin supplying this product to the Russian market in September-October of this year. This was reported in an interview with the TASS news agency by Russia's trade representative in Nigeria, Maxim Petrov. This is the period when the autumn harvest of this crop occurs in the African country. The trade representative specified that this concerns container deliveries. He also said that leading Russian chocolate producers have already tested Nigerian cocoa beans and were satisfied with their quality. The beans will be supplied by Russian trading houses. Today, they already export not only chocolate to the African country itself, but also meat and alcoholic products, as well as frozen fish. Today, three such trading houses are already operating in the republic, which are registered by Russian entrepreneurs in the Nigerian jurisdiction. The Izvestia newspaper reported on plans to purchase these products from Nigeria at the ...
Source: Rosng

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