The Cocoa Crop Looks Bigger But It Won’t Solve Chocolate Crisis
WEB22 hours ago · September 27, 2024 at 4:11 AM EDT. Save. Cocoaharvests are looking better for the new season, but it may not be enough to bring chocolate costs down much. After poor crops in West Africa fueled ...
Cocoa Prices Push Higher as Global Supplies Tighten
WEB1 day ago · Also, Wednesday's news showed Nigeria's August cocoa exports rose by +6.8% y/y to 14,984 MT. Nigeria is the world's sixth-largest cocoa producer. Cocoa prices have been supported by better-than ...
Cocoa Traders Say EU Deforestation Law Set to Fail - Bloomberg
WEBSep 18, 2024 · Major cocoa traders have asked the European Union to delay new environmental rules aimed at tackling deforestation amid mounting criticism. ... news and insight around the world.
Why Cocoa and Chocolate Prices are Rising - The New York Times
WEBMay 10, 2024. A failed crop, followed by a wave of financial speculation, put cocoa prices on a roller coaster this year, rattling an industry reliant on inexpensive crops and labor. This is not...
News - International Cocoa Organization
WEBSep 19, 2024 · World Cocoa Conference 2024 Report Now Available. Abidjan, 07 August 2024 – The International Cocoa Organization (ICCO) is pleased to announce the publication of the report on the 5th edition of the World Cocoa Conference, held in Brussels from April 21st to April 24th, 2024. This landmark….
Cocoa prices are soaring. Candy makers will need to get creative.
WEBJun 16, 2024 · Prices of cocoa have more than tripled over the last year, creating a big headache for candy makers and other food companies that use the ingredient to make chocolate.
Cocoa surpasses $10,000 a tonne as shortages squeeze ‘out of …
WEBMar 26, 2024 · The price of cocoa surged past $10,000 a tonne for the first time on Tuesday, as a dizzying rise in prices caused by poor harvests in Africa accelerates. Cocoa futures traded as high as $10,080...
Cocoa hits record high as global shortage worsens in first quarter
WEBApr 18, 2024 · The price of cocoa hit a record high on Thursday after an industry report said crop failures in west Africa in the first quarter had further exacerbated the global shortage of beans for chocolate.
Exclusive: African cocoa plants run out of beans as global …
WEBLONDON/ACCRA, March 13 (Reuters) - Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, meaning...
Huge supply shortages put cocoa market under strain - Financial Times
WEBMay 1, 2024 · The cocoa market is coming under strain as traders grapple with a massive shortage of beans and the soaring cost of securing long-term supply contracts in the market.
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