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...