The African Rubber Plantation Society (SAPH) in Côte d'Ivoire is affected by logistics to ship rubber. The company's net income posted 1.506 billion FCFA, a decline of 39%.

While rubber prices continued to soar in Q1 2021, the results of SAPH, a subsidiary of the SIFCA group, are down. Revenue decreased by 6% compared to the ^1st quarter of 2020 while net income decreased by 39%. A decrease in turnover due to the fall in volumes sold despite constant machined production. "This decrease in volumes sold is explained by a delay in shipments related to loading problems with shipping companies," notes the SAPH in the press release sent to the BRVM. The SAPH points out that the upward trend in world rubber prices observed from the second half of 2020 continued in the first quarter of 2021 with an average price observed over the first quarter at $1.6620 per kilo, well above $1.3176 per kilo at the same period in 2020.