Traders face $1 bln loss on faltering Ghana cocoa supply | Reuters News Agency
Business & FinanceCommodities 15 July 2024, 2:09 pm 1 minute 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. Market Impact Global cocoa prices soared this year after…
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