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Ghana

Running story
West African cocoa cartel battles with the traders

By jointly introducing a premium of $400 per tonne on cocoa beans in autumn 2020, Ivory Coast and Ghana were seeking to ensure that cocoa producers' revenues were maintained. In so doing, however, they sparked off an open war with the big commodity traders, who have since taken steps to get round the measure and avoid paying the premium.

LogoSubscribers only Commodity traders, Business 12.09.2025
Cocoa beans drying in the sun in Ivory Coast.

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