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Rubber industry: A new price-fixing mechanism to restore stability

Auteur: ivoirematin

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Filière hévéa : Un nouveau mécanisme de fixation des prix pour restaurer la sérénité

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In response to recent tensions that have shaken the sector between October 2025 and April 2026, the main leaders of the rubber industry met to clarify the new method of calculating the purchase price of natural rubber from producers.

This joint press conference, led by the Rubber, Oil Palm and Coconut Council and the Industry Stakeholders Platform, is primarily intended to be educational. The stated objective is to enable all stakeholders (producers, buyers, and manufacturers) to understand and implement these reforms in order to consolidate the sector's achievements.

Key takeaways from the new mechanism:

  1. A consensus after the crisis: The system is the result of direct negotiations between the College of Producers and that of Mill Owners, conducted under the aegis of the Regulatory Council.
  2. Legal and international framework: The calculation is based on law no. 2017-540. It remains indexed to global prices, using the Singapore Stock Exchange as the essential reference.
  3. Guarantee of transparency: According to Edmond Coulibaly, Director General of the Council, linking the system to the international market ensures complete transparency in producer compensation. By comparison, the previous mechanism, in place before 2022, paid them 61% of the reference value, before successive reforms improved this distribution.
"The objective is for each actor to take ownership of the reforms undertaken in order to consolidate the gains and restore serenity in the sector" — Edmond Coulibaly , CEO of the Rubber-Oil Palm and Coconut Council.

Key figures involved:

The meeting saw the participation of major figures in the sector, marking a united front for the future of the industry in Ivory Coast (one of the world's leading rubber producers):

  1. Edmond Coulibaly (Director General of the Rubber, Oil Palm and Coconut Council)
  2. Charles-Emmanuel Yacé (President of the Platform)
  3. Jules Dally (President of the College of Producers)
  4. Lamine Sanogo (President of UPCN)
  5. A representative from the Ministry of Agriculture

Officials have launched a general appeal to adopt this new system to ensure the long-term stability and competitiveness of Ivorian rubber.

Would you like me to elaborate on a particular aspect of this reform, such as the role of the Singapore Stock Exchange or the history of prices?

Auteur: ivoirematin
Publié le: Lundi 22 Juin 2026

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