Bloomberg News

Ghana Bought 23,000 Tons of Cocoa in Week to June 16

June 29, 2011

(Updates with board official’s comments starting in second paragraph.)

June 29 (Bloomberg) -- Ghana bought 23,000 metric tons of cocoa from farmers in the week ending June 16, the first week of the light crop season, said Kwabena Asante-Poku, deputy chief executive officer of the Ghana Cocoa Board.

Purchases increased compared with a year earlier, Asante- Poku 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.

--Editors: Gordon Bell, Emily Bowers

To contact the reporter on this story: Moses Mozart Dzawu in Accra at mdzawu@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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