Ghana may increase the farmgate cocoa price by over 60%
At the end of trading Sep. 8, the Dec-23 NY cocoa contract closed at $3,654 per MT, $42 above Sep 7’s close and $40 [...]
At the end of trading Sep. 8, the Dec-23 NY cocoa contract closed at $3,654 per MT, $42 above Sep 7’s close and $40 [...]
Jul-23 NY cocoa found support midweek from above $3,010 to $3,000 but broke lower to settle May 26 at $2,991. Sep-23 NY cocoa broke [...]
The dry season, or harmattan, is in full swing across West Africa, affecting three of the world’s largest producing countries: Ivory Coast, Ghana, and [...]
Dockworkers are striking in the major exporting coastal city of San Pedro in Ivory Coast, disrupting the normal flow and loading of cocoa beans [...]
Most-active Dec-22 NY cocoa broke above its short-term trading range Tuesday, closing at a two-week low above its 20-day average and retracement resistance below [...]
A few seasons into the implementation of a Living Income Differential (LID), Ghana and Ivory Coast have seen mixed results for premiums collected on [...]
The latest estimate from International Cocoa Organization (ICCO) showed a 174,000 MT deficit in the 2021/22 season, little changed from their previous forecast of [...]
This year’s harmattan or dry season across West Africa has been particularly dry in recent months. Poor rains have hurt the tree canopy and [...]