International cocoa prices have experienced a historic price surge, rising by over 300% in the space of 12 months from £2,166 per ton of cocoa in April 2023 to £9,980 by April 2024. Prices have fallen since then, and are currently hovering around the £6,400 mark at the time of writing.
Why Ghanaian farmers have been unable to capitalize on record cocoa prices
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