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News > Commodities

Commodities

Cocoa and sugar are commodities right and the heart of the confectionery industry. This section follows the volatile supply and demand situation and price fluctuations for commodities such as cocoa, sugar and palm oil and how these commodities can be sourced sustainably. 

Editor's Blog

Over half of certified cocoa may be sold as conventional cocoa

Over half of cocoa grown on certified farms may be sold as conventional cocoa rather than commanding a premium price for farmers.

Fully certified cocoa ‘a prerequisite for doing business in chocolate’, Cloetta tells SMEs

Buying certified cocoa only from third party organizations such as UTZ Certified is now an essential part of doing business for all chocolate companies, not just the big ones, says...

First half of 2014 brings record sales of RSPO Certified Sustainable Palm Oil

Demand for the sustainable oil is rising faster than supply for the first time as total sales of Certified Sustainable Palm Oil (CSPO) reach more than 2.4 million metric tonnes (MT).

Premium chocolatiers take note: Colombia to renew high-quality cocoa plantations

Higher cocoa prices in the international market could kick-start Colombia’s plans to replant up to 80,000 ha of its cocoa bean acreage.

Soaring hazelnut prices heap pressure on confectioners

Rising hazelnut prices are putting further pressure on confectionery manufacturers, who are already contending with mounting cocoa costs.

‘Watch out for Central America’: Quality cocoa set to surge

The next several years will herald a surge in quality cocoa volumes from Central America creating opportunities for premium origin chocolates, says Lutheran World Relief.

“The IEA does not accept state money, and all of our research is independent of corporate funding.”

UK think tank denies Malaysian palm oil conflict of interest accusations

The Institute of Economic Affairs (IEA) has said categorically it does not accept state money, following accusations by a Malaysian media outlet that the UK think tank is in bed...

Tate & Lyle miss first-quarter profit target

Ingredients giant Tate & Lyle has said that group operating profit from Q1 fell below expectation after it was hit by poor weather and exchange rates.

News in brief

Asia cocoa grind up 5%

The amount of cocoa processed in Asia in the second quarter (Q2) grew 5.21%, according to figures from the Cocoa Association of Asia.

News in brief

North America cocoa grind up 5%

Cocoa processing in North America grew 4.52% in the second quarter (Q2), according to figures from the National Confectioners Association (NCA)

Taking stock: Time cocoa farmers got a bite of the chocolate business?

Giving cocoa farming cooperatives shares in chocolate firms would improve livelihoods and encourage them to boost yields and quality, while giving chocolate manufacturers greater control of their supply chain, says...

European cocoa grind decline ‘disappointing’

The amount of cocoa processed in Europe dropped 1% in the second quarter falling below traders’ expectations, but it's too soon to tell if chocolate demand is sliding.

Paying the price of chocolate: Breaking cocoa farming's cycle of poverty

Industry voices discuss whether raising suggested retail prices for chocolate could incentivise cocoa farmers to invest in farms, bring them out of poverty and keep the next generation growing cocoa.

Global food prices fall for third consecutive month, says FAO

The FAO Food Price Index was down for a third consecutive month in June, as good supply and improved global production prospects for wheat, maize and palm oil lowered prices....

Future of chocolate: Attracting the next generation of cocoa farmers

An older and younger farmer discuss what the chocolate industry can do to ensure there is a future generation of cocoa farmers.

Origins

Could West Africa lose its cocoa crown?

ConfectioneryNews asks industry leaders if cocoa production will gradually move closer to the burgeoning chocolate markets of China and Brazil or whether West Africa will always be the king of...

What is cocoa child labor? ICI sorts the acceptable from the unacceptable

Chocolate companies must know what truly constitutes cocoa child labor to be able to tackle the issue, according to the International Cocoa Initiative, which has unveiled a new strategy to...

Editor's Blog

Chocapocalypse 2020: Was the cocoa shortfall overblown?

Industry fortune-telling of a large cocoa shortfall in 2020 was a shrewd way to secure supply at low prices, but the latest deficit forecasts are nowhere near as gloomy.

CME Group spills beans on new cocoa contract

Futures exchange company CME Group has made a “strong commitment” in the cocoa market and plans a new contract to rival the IntercontinentalExchange Group (ICE).

Cocoa farmers spend 36% of premiums on productivity: Fairtrade International

Fairtrade certified cocoa farmers spend 36% of their premiums on increasing productivity and cocoa quality – far above Fairtrade International’s suggested 25% minimum, a report from the organization reveals.

News in brief

Chocolate will never be a niche luxury: ICCO executive director

The executive director of the International Cocoa Organization (ICCO) has rejected suggestions that chocolate could become an expensive luxury in the face of a global cocoa deficit.

The Buzz: World Cocoa Conference 2014 on social media

Relive highlights from the World Cocoa Conference 2014 in Amsterdam and discover what chocolate companies, NGOs, cocoa farmers, traders and analysts are saying about cocoa sustainability.

Nestlé-backed study unlocks cocoa fermentation acetate mystery

Exploring the mechanisms controlling acetate formation during cocoa fermentation may help identify the best starter cultures to optimize flavor attributes, according to a team of scientists supported by Nestlé.

Dispatches from World Cocoa Conference 2014

Cocoa surplus for 2013/14; small deficit for next season - ICCO

The International Cocoa Organization (ICCO) has estimated a cocoa surplus for the current crop year, but said the market would return to a small deficit next year.

Fair Trade USA and UTZ Certified strike pilot cocoa certification partnership

Fair Trade USA and UTZ Certified are piloting a collaborative cocoa certification scheme that they say will reduce costs for farmers looking to get dual certification.

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