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Ghana Cocoa Board Faces Rollover of Forward Contracts

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Emmanuel Bruce

Emmanuel Bruce is a business and financial journalist based in Ghana.
  • COCOBOD may extend forward contracts to next cocoa season
  • Illegal mining, smuggling, and climate challenges impact cocoa supply

 

Accra, Ghana – The Ghana Cocoa Board (COCOBOD) is likely to roll over some of its forward contracts with international buyers to the new cocoa season starting in October. This adjustment means that cocoa beans originally slated for delivery this season will now be deferred to the next.

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