After two consecutive years of deficit in conjunction with the expectation of another negative for the current season, cocoa futures in London and New York have continued to be bullish as demand for chocolate remains high, pushing up prices in the face...
Recent flash flooding in West and Central Africa has hindered Cote d’Ivoire’s transportation of cocoa beans from the farms to the ports and could be the reason for the reduction of cocoa arrivals seen during the first few weeks of the main 2022-23 season...
The result of a three-year study by a multi-disciplinary panel of four experts into the sources of lead and cadmium in cocoa and chocolate - and how levels may be reduced in the future - has been published by the National Confectioners Association (NCA)...
Cisse Cocoa brings single-origin cocoa beans to its snacking chocolate products
Cocoa production in Germany has risen by 36% on the same quarter last year due to an improved political situation in Ivory Coast, according to the Association of the German Confectionery Industry (BDSI).
Another milestone has been achieved in the UTZ certified sustainable cocoa programme, with the first-ever shipment of cocoa beans from Ghana that meets that standard’s economic, environmental and social criteria.
Cocoa prices have proved resilient in the economic downturn, even as other commodity prices have slumped, and confectionery manufacturers are concerned that tight supply will keep prices high for some time yet.
The International Cocoa Organisation (ICCO) has revised its gloomy
cocoa estimate of a 5,000 tonne deficit to predict a global surplus
of 80,000 tonnes of cocoa in the coming year, assuring
manufacturers of a steady supply.
Singapore-based cocoa bean supplier Olam has jointly acquired the
Cameroon cocoa processor Usicam with ADM, the world's largest cocoa
processor, giving both firms greater economy of scale in the
Global chocolate supplier Barry Callebaut said that recent
acquisitions had boosted its six month figures, with net profit
showing double-digit growth. But low cocoa prices affected
activities at the processing arm of the company.