Global Trade Alert
Global Trade Alert

Ghana: Government increases cocoa producer prices for the 2024/25 crop season

Announcement

11 Sep 2024

In September 2024, the government of Ghana increased the guaranteed producer cocoa price from GHS 33'120 (USD 2'483.9) per tonne to GHS 48'000 (USD 3'063) per tonne for the 2024/25 crop season.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

11 Sep 2024

Revocation date:

30 Sep 2025

Price stabilisation In force

On 11 September 2024, the Ghana Cocoa Board (COCOBOD) raised the producer price of cocoa for the 2024/25 season to GHS 48'000 (USD 3'063) per tonne from GHS 33'120 (USD 2'483.9) per tonne. The new pri...

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