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Market Impact: 0.55

Ghana Cocoa Output May Sink by More Than a Third, Marketer Says

Source: Bloomberg

Commodities & Raw MaterialsEnergy Markets & PricesNatural Disasters & WeatherEconomic Data

Ghana’s state-run exporter warned cocoa output could fall by more than 33% due to adverse weather and disease pressures on trees. The projected plunge threatens global cocoa/chocolate ingredient supply and increases upside risk to cocoa prices. This is a meaningful supply-shock signal rather than routine commentary.

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