Ghanaians Panic As China Begins Exporting Cocoa Beans


Ghanaians Panic As China Begins Exporting Cocoa Beans

The Asian country is reported to have exported to Belgium its first batch of cocoa beans weighing 500 kg worth about $3,600.

A researcher with the Chinese Academy of Tropical Agricultural Sciences said “Cocoa is a raw material for making chocolate. With the increasing demand for chocolates, Hainan has been expanding its cocoa planting area and making breakthroughs in technological development.

READ ALSO:  Tears Flow As Beautiful Ghanaian Lady Dies Unexpectedly (See Her Photos)

“As Belgium is dubbed ‘kingdom of chocolates,’ exports to the country indicate that our cocoa production standards have been recognized by the international community.

Read Also:Accra Metropolitan Assembly Embarks On A Massive Demolition Exercise At Rawlings Park

The Ghana COCOBOD, however, said China’s recent export of cocoa raises some concerns for the future of the sector in Ghana.

READ ALSO:  Abby Chin Age, Net Worth, Children, Salary & All Biography

But there are concerns about the impact of the price of cocoa beans on the world market if there is no increase in production and consumption.

Some Ghanaians reacted after hearing the news of China exporting cocoa beans.

Read Also:Call Your Victims And Apologize – Kyiriabosom Tells Nana Agradaa

READ ALSO:  Full List Of NIA Offices In Kumasi

An industrialist and economist, Tony Oteng-Gyasi, has called for urgent investigations into how China earned a better price for its first consignment of cocoa export than what Ghana received for its premium cocoa beans.


Please enter your comment!
Please enter your name here