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Ghana leaves 2013/14 farmgate cocoa price unchanged at $1,560/T

Published October 18, 2013 Updated October 18, 2013 12:18pm
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By Shoaib Ur Rehman
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imageACCRA: Ghana has left its farmgate purchase price for cocoa for the new 2013-14 season unchanged at 3,392 cedis ($1,560) per tonne, Deputy Finance Minister Ato Forson said on Friday.

Forson said the farmgate price in the world's second biggest grower was still competitive compared with prices in neighbouring Ivory Coast, the world's top producer.

"Even though Ivory Coast has increased their price, Ghana's price is still higher than the price in Ivory Coast," Forson told a news conference in Accra.

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