Yesterday, Fairtrade announced that they will raise their minimum export price from $2000 to $2400 per ton (1000 kg). That's the minimum price that should be paid for Fairtrade cocoa on the international market. They will also raise their premium from $200 to $240 per ton. This increase will apply from October 1st 2019: the start of the new cocoa season. With this, Fairtrade is taking the first step towards a living income and.. this makes us happy!
Tony’s Chocolonely calculates and pays a higher price for cocoa since 2013, which enables farmers to earn a living income. This price is higher than the minimum price and Fairtrade premium together. But, to enable all farmers to earn a living income, it's extremely important that the entire industry takes responsibility and ensures that cocoa farmers are able to earn a living income. Besides Fairtrade, more and more organizations publish numbers and models on living income and we are supah dupah proud that this is finally on the agenda of company’s, NGO’s and the government.