ICCO TO EXAMINE BUFFER STOCK PROPOSAL TOMORRROW The International Cocoa Organization, ICCO, council adjourned after presenting divergent producer and consumer views on buffer stock rules and agreeing to examine a draft compromise proposal on the buffer stock issue tomorrow, delegates said. ICCO Executive Director Kobena Erbynn will draw up what some delegates called a "pre-compromise" and present it to the buffer stock working group at 1130 hrs GMT Tuesday, they said. While consumer and producer member nations disagree how a buffer stock should be implemented, both sides reiterated they were willing to compromise to come to agreement, they said. "I am optimistic we will be able to come to an agreement -- maybe not tomorrow or the next day, but some time later in the session," a consumer delegate said. Producers say they want the buffer stock to consist only of ICCO member cocoa, comprise a representative basket of various grade cocoas and pay different prices for different grades, delegates said. Some consumers would rather the buffer stock manager be able to buy non-member cocoa also, and pay a single price for the buffer stock cocoa without respect to origin. Consumer members were not unified in their views on how the buffer stock should operate, with several countries backing different aspects of the producer stance, delegates said. The semi-annual council meeting is scheduled to run until March 27. Consideration of the buffer stock rules is the most controversial topic on the agenda, delegates said.