ABIDJAN - A move by Ivory Coast's Laurent Gbagbo to take the cocoa sector into state hands triggered alarm on Tuesday as industry officials feared a huge financial hit if it meant their stocks in country would be seized.
Exporters said they were seeking urgent clarification on whether a late-night decree issued on Monday covered 475,000 tonnes of unexported beans in storage since a power struggle strangled supplies from the world's top grower.
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console.log("catid body is "+catID);if(catID==120){document.getElementsByClassName("divConnatix")[0].style.display ="none";var script = document.createElement('script'); script.src = 'https://player.anyclip.com/anyclip-widget/lre-widget/prod/v1/src/lre.js'; script.setAttribute('pubname','jpostcom'); script.setAttribute('widgetname','0011r00001lcD1i_12258'); document.getElementsByClassName('divAnyClip')[0].appendChild(script);}else if(catID!=69 && catID!=2){ document.getElementsByClassName("divConnatix")[0].style.display ="none"; var script = document.createElement('script'); script.src = 'https://static.vidazoo.com/basev/vwpt.js'; script.setAttribute('data-widget-id','60fd6becf6393400049e6535'); document.getElementsByClassName('divVidazoo')[0].appendChild(script); }"If it doesn't affect our existing stocks it could be less dramatic. But if it does, it is a catastrophe," said one Ivorian sector source, who like others declined to be named on security and commercial grounds.
