Tag: commodity markets
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Cocoa Prices Decline Amid Ghana Production Gains and Market Volatility
Cocoa futures have retreated approximately 15% since mid-June peaks, with New York ICE September contracts settling near $8,000 per tonne by July 3.
The correction...
Ghana’s Gold Reserves Triple to 32.99 Tonnes Amid Strategic Shift
The Bank of Ghana (BoG) has significantly bolstered the nation’s gold holdings, with official reserves reaching 32.99 tonnes by June 2025 a near fourfold...
Asian Crude Imports Jump 5.3% as China, India Demand Rebounds
Asia’s crude oil imports rose to 26.56 million barrels per day (bpd) in June 2025, a 5.3% monthly increase from May’s 25.22 million bpd,...
Africa Advances Nuclear Power Plans Amid Energy Demands
Cocoa futures approached $10,000 per tonne in mid-June before declining to $9,618 by June 19.
This volatility stems from heightened smuggling from Côte d’Ivoire and...
Cocoa Futures Retreat as Smuggling Distorts Supply Data
Cocoa futures approached $10,000 per tonne in mid-June before declining to $9,618 by June 19.
This volatility stems from heightened smuggling from Côte d’Ivoire and...
