Business News of Thursday, 6 October 2005

Source: GNA

Main crop cocoa season opens on Friday

Accra, Oct. 6, GNA - Purchases of the 2005/06 main crop cocoa season would begin on Friday, October 7, the Ghana Cocoa Board announced on Thursday. A statement signed by Mr Kwame Sarpong, Chief Executive of Ghana Cocoa Board, said the producer price to be paid at all buying centres is 270,000 cedis per load of 30 kilograms for Grade I and II cocoa beans ex-naked scale or 562,500 cedis per bag of 64 kilograms gross. A tonne of 16 bags is nine million cedis.