December ICE NY cocoa (CCZ25) today is down -173 (-2.80%), and December ICE London cocoa #7 (CAZ25) is down -113 (-2.55%).
The global chocolate industry is in turmoil as major cocoa plants in Africa, the world’s top producers, are running out of beans, leading to a potential price surge for chocolate consumers worldwide.
The use of child labour has risen in cocoa farms in Ghana and Ivory Coast over the past decade despite industry promises to ...
LONDON/ACCRA — 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 chocolate prices around ...
Cocoa prices have doubled during the past year, hitting an all-time high, Bloomberg reported. The most active cocoa contract hit $5,600 a metric ton, passing a record high of $5,379 in 1977. Weather ...
It’s hard to imagine a world without chocolate. Particularly around Valentine's Day, when one can find neatly stacked boxes in local grocery stores, many stamped with a notice that the product is ...
LONDON/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 ...
LONDON/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 ...