Posted by: NelsonGoni
« on: July 24, 2024, 07:34:58 AM »Traders face $1 bln loss on faltering Ghana cocoa supply
Source: Traders face $1 bln loss on faltering Ghana cocoa supply
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 .
Source: Traders face $1 bln loss on faltering Ghana cocoa supply