The Latest Breaking News from Ghana

September ICE NY cocoa (CCU24 ) on Wednesday closed down -79 (-0.97%), and September ICE London cocoa #7 (CAU24 ) closed down -25 (-0.37%). Cocoa prices on Wednesday fell moderately due to concern that recent record-high cocoa prices will lead to demand destruction. The consensus is that Thursday's quarterly report...

September ICE NY cocoa (CCU24 ) today is down -113 (-1.39%), and September ICE London cocoa #7 (CAU24 ) is down -26 (-0.39%). Cocoa prices today are moderately lower on concern that recent record-high cocoa prices will lead to demand destruction. The consensus is that Thursday's quarterly report from the...

The economic growth paths of Asian and African countries have often been compared. China, with gross domestic product per capita of US$251 in 1987, was poorer than most African countries at the time. Uganda’s GDP per capita was US$392, Zambia’s US$319 and Ghana’s US$354. Yet today China has GDP per…

September ICE NY cocoa (CCU24 ) on Tuesday closed up +445 (+5.78%), and September ICE London cocoa #7 (CAU24 ) closed up +316 (+4.94%). Cocoa prices rallied sharply on Tuesday, with NY cocoa posting a 2-week high. Lower cocoa production in the Ivory Coast, the world's largest producer, is a...

September ICE NY cocoa (CCU24 ) today is up +527 (+6.84%), and September ICE London cocoa #7 (CAU24 ) is up +316 (+4.94%). Cocoa prices today are sharply higher, with NY cocoa posting a 2-week high. Lower cocoa production in the Ivory Coast, the world's largest producer, is a bullish...

Ghana is considering bids from five companies for the construction of what would be its first nuclear power plant. The companies are: France’s EDF, US-based NuScale Power and Regnum Technology Group; China National Nuclear Corporation; South Korea’s Kepco and its subsidiary Korea Hydro Nuclear Power Corporation; and Russia’s Rosatom. The…

September ICE NY cocoa (CCU24 ) on Monday closed down -145 (-1.85%), and September ICE London cocoa #7 (CAU24 ) closed down -154 (-2.35%). Cocoa prices Monday retreated as improved weather conditions in West Africa should boost the region's cocoa yields and is negative for prices. Cocoa farmers in the...

September ICE NY cocoa (CCU24 ) today is down -3 (-0.04%), and September ICE London cocoa #7 (CAU24 ) is down -142 (-2.17%). Cocoa prices today are under pressure. Improved weather conditions in West Africa should boost the region's cocoa yields and is negative for prices. Cocoa farmers in the...

With environmental challenges, rising populations and a lack of crop investment, it’s becoming increasingly difficult to farm cocoa in west African countries. So how can positive changes be brought about in this area?

September ICE NY cocoa (CCU24) on Friday closed up +144 (+1.87%), and September ICE London cocoa #7 (CAU24 ) closed up +292 (+4.67%). Cocoa prices Friday closed higher on tighter US cocoa supplies. ICE-monitored cocoa inventories held in US ports fell to a 3-1/2 year low Wednesday of 3,161,3717 bags....

September ICE NY cocoa (CCU24 ) today is up +140 (+1.82%), and September ICE London cocoa #7 (CAU24 ) is up +292 (+4.67%). Cocoa prices today are sharply higher as US cocoa supplies tighten. ICE-monitored cocoa inventories held in US ports fell to a 3-1/2 year low Wednesday of 3,161,3717...