Ghana Bought 23K Tons of Cocoa

6/29/2011 6:49:04 PM

Ghana bought 23,000 metric tons of cocoa in the first week of the light crop season.

Purchases increased compared with a year earlier, Kwabena Asante-Poku - deputy chief executive of the Ghana Cocoa Board - said in a telephone interview from Accra, the capital, today. He declined to say how much they had risen.

“Those returns were received from five licensed buying companies, the rest did not record anything,” he said.

Ghana, the world’s second largest producer of the beans, reaped a record 903,646 tons of the chocolate ingredient in the 33-week main growing season that started in October.

Purchases from farmers for the 12-week light crop season will probably reach about 80,000 tons, Asante-Poku said.

Source: Bloomberg

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