Breaking News on Confectionery & Biscuit Processing

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. 

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.

Dispatches from the World Cocoa Conference 2014

‘We can afford to increase the price of chocolate,’ says ICCO executive director

Manufacturers can increase the price of chocolate without fear of putting off consumers thus ensuring cocoa farmers are fairly paid, according to executive director of the International Cocoa Organization (ICCO).

News in brief

Forget the World Cup: World Cocoa Conference kicks off this week

ConfectioneryNews will be bringing you the latest on cocoa sustainability from the World Cocoa Conference 2014 in Amsterdam, Netherlands, this week.

New UTZ code: Child labor ‘prevention’, climate changes, living wages and gender equality

Certifiers UTZ says a redraft of its code of conduct focuses on ‘prevention’ and monitoring of child labor on farms as well as including new measures around climate change.

Olam invests $61m in first Asian cocoa plant

Agri-giant Olam International has announced plans to invest $61m in a new cocoa-processing plant in Indonesia, its first in the region.

More EU members urged to back sustainable palm oil trading

Sustainable palm oil trader GreenPalm will use this year’s European Roundtable for Sustainable Palm Oil (RSPO) Summit as a platform to urge key players in the EU palm oil industry...

Guest article

No future for chocolate if cocoa farmers are deep-rooted in poverty

Chocolate could become a small and expensive niche product unless we all do more to help cocoa farmers escape poverty, writes UTZ Certified executive director Han De Groot.

News in brief

Asian cocoa grind up 4% in Q1

The amount of cocoa processed in Asia grew 4% in the first quarter of 2014 compared to the same period last year.

Chocolatiers back project for world’s first certified sustainable hazelnuts

UTZ Certified has begun a three-year initiative to develop a certified sustainable hazelnut supply in Turkey, which accounts for 70% of global production.

Key Industry Events

 

Access all events listing

Our events, Events from partners...