Ivory Coast's Coffee and Cocoa Council (CCC) on Wednesday dismissed as "unfounded rumours" concerns expressed by exporters that a lack of available bank financing was hindering cocoa purchasing and raising the risk of defaults. Exporters told Reuters on Tuesday they worried that export contracts for up to 250,000 tonnes of beans could be at risk of defaulting. Bank officials said they would meet on Wednesday to discuss the financing issue.

Copyright Reuters, 2018