• 11/25/2024

Traders face $1 bln loss on faltering Ghana cocoa supply 

Reuters

Reuters exclusively reported that trading houses face losses of at least $1 billion on cocoa derivatives after major producer Ghana failed to deliver beans this year, forcing traders to liquidate short positions in a rallying market. 

The post Traders face $1 bln loss on faltering Ghana cocoa supply  appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/traders-face-1-bln-loss-on-faltering-ghana-cocoa-supply/