About: http://data.cimple.eu/news-article/46e6f43c4de5a8bdbf13ab337d030994b324a09073a8cdf52f125be7

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About: http://data.cimple.eu/news-article/46e6f43c4de5a8bdbf13ab337d030994b324a09073a8cdf52f125be7 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Ivory Coast's cashew and cotton industries will lose export sales worth nearly half a billion dollars this year because of the coronavirus pandemic, their association said on Monday. The head of the Cotton-Cashew Council (CCA), Adama Coulibaly, told AFP that Asian prices for cashews had plummeted from $1,400 to $900 per tonne, representing an overall fall in export income of more than $300 million. Asian prices for Ivorian cotton have fallen from 1,007 CFA francs ($1.66) a kilogram to 600 CFA francs, a loss of $172 million. "The coronavirus has financially impacted our activities in Asia, our main outlet," he said. "We have been faced with an absence of clients and contracts and lack of finance for buyers," he said. The former French colony is the world's biggest producer of cashews, which go especially to Vietnam and India. It is also the third biggest producer of cotton in Africa, selling mainly to the textile industries in Bangladesh, China and Thailand. The government last month announced aid of 250 billion CFA francs ($410 million) to help the main exporters of the country's commodities -- cocoa, cashew, cottom, rubber, palm oil and coffee. ck/de/sst/ri/jh
schema:headline	I.Coast sees $500 mln export loss for cashew and cotton
schema:mentions	Tonne Kilogram Cocoa bean Palm oil Colony Smoothness Cashew Cotton Natural rubber Agence France-Presse French language Asia Vietnam CFA franc Ivory Coast Coffee Bangladesh Africa Thailand Pandemic India China Coronavirus Adama Coulibaly Singapore Standard Time
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-05-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	71 (xsd:integer)

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