Prez To Announce New Cocoa Price

President Nana Akufo-Addo is expected to announce a new cocoa price in the coming days.

He revealed this in a post on his official Facebook page on Thursday, September 24, 2020.

According to him, come October 1, 2020, the new price will be announced.

He said “I am happy to announce the award of a new cocoa producer price of Ghc 10,560 per metric ton, equivalent to Ghc 660 per bag for the coming 2020/21 crop year.”

He added the new price “represents a hike of more than 28% over the price obtained in the outgoing crop year of 2019/2020.”

By Melvin Tarlue

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