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Traders face $1 bln loss on faltering Ghana cocoa supply 

Commodities & Energy

Ashutosh Mishra

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July 15, 2024

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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.

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