Cocoa purchases in Ghana, the world’s second-largest producer of the beans, increased 43 percent in the first 17 weeks of the marketing season, according to a government official with access to the information.
Companies licensed by the Ghana Cocoa Board to purchase the beans from farmers bought 675,838 metric tons in the period ended Jan. 27, compared with 474,355 tons in the same period a year earlier, the data showed. The official declined to be identified because the figures are confidential.
Purchases during the week ended Jan. 27 decreased to 10,983 tons from 16,155 tons in the 17th week of the 2009- 10 season, the data showed. Ghana borders Ivory Coast, the world’s biggest producer of the chocolate ingredient.
Cocoa for March delivery rose 0.3 percent to 2,200 pounds ($3,539) a ton in London on the Liffe exchange as of 10:16 a.m. local time.
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