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Business News of Thursday, 22 January 2009

Source: GNA

COCOBOD dismisses rumours of cocoa price cut

Accra, Jan. 22, GNA - Ghana Cocoa Board (COCOBOD) on Thursday dismissed rumours of a reduction in the producer price of cocoa and asked farmers the public to ignore them. A statement issued by the Public Affairs Department of COCOBOD stressed that the price of cocoa had not changed since the last review in September, 2008.

It said the producer price per tonne (16 bags) remained GH¢1,632.00 which translated to GH¢102.00 per bag of 64 kilos.