AGL 39.51 Decreased By ▼ -0.49 (-1.23%)
AIRLINK 128.55 Decreased By ▼ -0.51 (-0.4%)
BOP 6.85 Increased By ▲ 0.10 (1.48%)
CNERGY 4.72 Increased By ▲ 0.23 (5.12%)
DCL 8.45 Decreased By ▼ -0.10 (-1.17%)
DFML 41.00 Increased By ▲ 0.18 (0.44%)
DGKC 82.00 Increased By ▲ 1.04 (1.28%)
FCCL 33.00 Increased By ▲ 0.23 (0.7%)
FFBL 74.00 Decreased By ▼ -0.43 (-0.58%)
FFL 11.90 Increased By ▲ 0.16 (1.36%)
HUBC 110.70 Increased By ▲ 1.12 (1.02%)
HUMNL 14.12 Increased By ▲ 0.37 (2.69%)
KEL 5.22 Decreased By ▼ -0.09 (-1.69%)
KOSM 7.50 Decreased By ▼ -0.22 (-2.85%)
MLCF 39.20 Increased By ▲ 0.60 (1.55%)
NBP 63.89 Increased By ▲ 0.38 (0.6%)
OGDC 193.35 Decreased By ▼ -1.34 (-0.69%)
PAEL 25.62 Decreased By ▼ -0.09 (-0.35%)
PIBTL 7.30 Decreased By ▼ -0.09 (-1.22%)
PPL 153.35 Decreased By ▼ -2.10 (-1.35%)
PRL 25.87 Increased By ▲ 0.08 (0.31%)
PTC 17.51 Increased By ▲ 0.01 (0.06%)
SEARL 81.00 Increased By ▲ 2.35 (2.99%)
TELE 7.66 Decreased By ▼ -0.20 (-2.54%)
TOMCL 33.44 Decreased By ▼ -0.29 (-0.86%)
TPLP 8.44 Increased By ▲ 0.04 (0.48%)
TREET 16.42 Increased By ▲ 0.15 (0.92%)
TRG 56.90 Decreased By ▼ -1.32 (-2.27%)
UNITY 27.55 Increased By ▲ 0.06 (0.22%)
WTL 1.38 Decreased By ▼ -0.01 (-0.72%)
BR100 10,507 Increased By 62.3 (0.6%)
BR30 31,110 Decreased By -79.8 (-0.26%)
KSE100 98,291 Increased By 493.2 (0.5%)
KSE30 30,674 Increased By 193.5 (0.63%)

Ghana's cocoa output is expected to drop nearly 6 percent this season to 850,000 tonnes because of disease and dry weather, sources at the cocoa regulator, COCOBOD, said on Wednesday. Ghana previously forecast production of 900,000 tonnes, the same as the previous season, but revised that lower because of swollen shoot disease and a lack of rain since November which has dented output during the April-September mid-crop.
Mid-crop production is expected to drop to between 140,000 and 160,000 tonnes versus 250,000 tonnes the previous year, sources at the Cocoa Marketing Company and COCOBOD said, outweighing gains seen during the October-March main crop.
In January, pod counters and exporters said the main crop output should make up for any decline in the mid-crop. But in the Brong Ahafo, Ashanti and Western regions visited by Reuters last week, farmers and buyers had turned pessimistic.

Copyright Reuters, 2019

Comments

Comments are closed.