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News > Commodities

Chocolate makers witness price dip for cocoa

Marginal relief for cocoa inputs is in view, with costs for this soft commodity dipping after the soaring 24-year price highs registered last month.

News in brief

Mexican move for confectionery firms saves labour and sugar costs

Confectionery firms are moving to Mexico and Canada to save on labour and sugar costs, reports US paper, York Daily Record.

Cadbury predicts 2010 price hikes will be cocoa linked

Cadbury said it may have to further raise its prices for 2010 as the cost of cocoa has remained stubbornly high, economic conditions are turbulent and markets competitive.

Barry Callebaut welcomes new cocoa anti-depressant link

Barry Callebaut is a step closer to boasting about the antidepressant properties of cocoa on its product labels after a study funded by the company found that it could...

ABF trading update shows sugar and ingredients growth

The sugar and ingredients divisions of Associated British Foods (ABF) are expected to show good growth backed favourable foreign exchange rates when its interim results are announced in April.

Final sugar high for Danisco pending sale

Danisco has reported a good result for its 2008/9 sugar campaign, which should be the last before the sale of its sugar division to Nordzucker receives regulatory go-ahead.

Cocoa prices surge on tighter supplies

Chocolate makers are set to absorb yet more price rises for their key ingredient cocoa after prices crashed through the £2,000 (€2133) a tonne barrier last week.

Cocoa foundation outlines sustainability goals

The World Cocoa Foundation is offering a guide to the cocoa industry on sustainability principles that focus on equitable profit, labour standards and environmental issues.

Real Good Food combines bakery and sugar divisions

The Real Good Food Company has announced it is consolidating two of its businesses which serve the baking industry to stream-line its management team and build on innovation capabilities.

Danisco-Nordzucker sugar deal delayed a month

The sale of Danisco Sugar to Nordzucker now looks unlikely to close this month as planned, as more time is required for the competition authorities to address important questions.

Ivory Coast plan to boost cocoa quality

The Ivory Coast is taking steps to protect its cocoa industry with a plan to improve the quality of its crop which is said to have fallen in standards over...

Sugar addiction ‘unlikely in humans’, says scientist

A recent study which claimed to suggest the existence of sugar addiction in animal studies created an unnatural circumstance and may be of little relevance to humans, according to a...

New Florida sugarcane varieties to boost yields

Scientists for the Agricultural Research Service (ARS) have developed two new sugarcane varieties which they have shown to increase yields when grown on Florida’s sand soils.

Sugar and caffeine seen as key natural developments

One of the key trends in product development for 2009 will be natural additives able to keep consumers active, leading to searches for alternatives to caffeine and sugar, according to...

Scientists set on busting the sugar-hyperactivity ‘myth’

An article published in the British Medical Journal today has dismissed the commonly held belief that sugar causes hyperactivity in children as a ‘medical myth’.

Explosion costs impact on Imperial Sugar’s full year results

The rebuilding of Imperial Sugar’s Port Wentworth refinery following an explosion in February is expected to total $200m-$220m, taking its toll on the company’s full year results, despite stronger sugar...

ABF reaches acquisition agreement on Ebro Spanish sugar business

Associated British Foods (ABF) has announced that it has reached an agreement with Ebro Puleva for the acquisition of its Spanish sugar business, Azucarera Ebro, for €385 million.

Saharan wind whips up cocoa supply fears

Troubles for West African cocoa supplies look set to continue following reports that the harmattan, a harsh, crop-damaging wind, has begun to sweep in from the Sahara.

First chocolates released with tooth-friendly sugar

The first chocolate products endorsed by Toothfriendly International as harmless to teeth have hit the market in Belgium, despite containing a sugar.

Cocoa prices remain resilient despite commodity slump

Cocoa prices have proved resilient in the economic downturn, even as other commodity prices have slumped, and confectionery manufacturers are concerned that tight supply will keep prices high for some...

ABF ready to buy Ebro’s sugar business – in principle

Associated British Foods has reached an agreement in principle to acquire Ebro Puleva’s sugar business for €385m – a deal that would further fortify the world’s second biggest sugar firm....

Barry Callebaut builds options for sustainable cocoa

Efforts this month under the sustainability mantle by leading pod-to-pallet cocoa player Barry Callebaut include a 250,000 tree-planting project in Tanzania, and a tripling of grindings in Ivory Coast.

News in brief

ADM Cocoa announces management appointments

 The cocoa division of US-based agricultural manufacturer Archer Daniels Midland Company has made two new appointments to its international senior management group.

Cocoa supply chain and sustainability headline African symposium

 With sustainability a buzz word for today's confectionery makers, a symposium that kicked off in Ghana today will attempt to get to grips with current issues impacting sustainability in Africa's...

New ADM cocoa plant to meet growing demand

ADM has this week opened its new cocoa processing plant in Hazleton, Pennsylvania, a project it began in 2006 in a bid to expand and cater to growing demand for...

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