The Spice Programme

The SPICE Programme (Structured Programme for International Coco-Commodity Exchange) is an initiative aimed at improving the global trading system for commodities like cocoa. It focuses on creating transparent, efficient, and standardized methods for trading, which benefits farmers, traders, and consumers by reducing risks and increasing trust. By establishing common procedures and quality standards, SPICE helps ensure fair pricing and better market access across countries, promoting sustainable and stable trade practices in the cocoa industry.