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Ghana Plans 6% Cocoa Price Hike, Risking More Ivorian Smuggling
Source: Bloomberg
Commodities & Raw MaterialsTrade Policy & Supply ChainEmerging Markets
Ghana’s cocoa regulator has proposed a roughly 6% increase in farmer pay for the new season. The move would widen Ghana’s price premium over neighboring Ivory Coast, increasing incentives for cross-border cocoa smuggling and potentially disrupting regional cocoa supply flows.
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