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Market Impact: 0.22
Cocoa Prices Rise as Ghana Proposes Raising Farmer Pay
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows
December ICE New York cocoa rose 0.37% and December ICE London cocoa gained 0.16% after Ghana's cocoa regulator proposed a 6% increase in farmer pay for the 2026/27 season. The proposal prompted short covering, providing modest near-term support for cocoa futures.
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