The chocolate and cocoa industry has backed an EU resolution to tackle child labour in cocoa production and warns children may still have produced cocoa that is 100% certified.
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).
Surging cocoa supplies did little to prevent front month prices for cocoa (cocoa futures) creeping up by 4 per cent throughout August, according to Euromonitor. “The big surprise has been that this rise has taken place on the back of strong supply projections,”...
