Fairtrade urges EU to implement regulation to recognise the right to living income in cocoa sector in any forthcoming human rights due diligence regulation, as European Cocoa Association calls for an ‘enabling environment’ across the industry.
Where is the cocoa industry on climate change? What are the new challenges for cocoa growing? The 7th Edition of the European Cocoa Forum has organised a special debate to explore new solutions to lessen the environmental impact caused by farming.
European cocoa processing volumes declined in the fourth quarter after processor Euromar became insolvent; the global cocoa market is also expected to enter a supply surplus.
Cocoa grinds in North America have fallen 9% in the second quarter and remain flat in Europe as cocoa processors lose profitability and developed market economies harm chocolate consumption.
Weak fourth quarter cocoa grinds in developed markets suggest that consumers have reacted negatively to wholesale chocolate price hikes from the major brands, according to an analyst.
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.
North America’s third quarter cocoa grind is the highest of any quarter since the National Confectioners Association began to collaborate data for the US, Mexico and Canada in 2009. The Asian Q3 cocoa grind has also jumped 12%.
The tonnage of cocoa beans processed in Europe in the third quarter by the likes of Barry Callebaut and Cargill has risen by 4.7%. Euromonitor says the industry is playing catch up and rising cocoa butter prices may led to more expensive chocolate for...
An analyst from Rabobank expects the European cocoa grind to pick up this year after data released today showed 2012 figures were the lowest in seven years.
EU and US cocoa grinds have fallen significantly in the second quarter (Q2), but one analyst puts this down to the developing Asian market eating up a greater share of global supplies.
Sourcing cocoa from certified farms can minimise incidence of child labour, but if that’s enough, why else should chocolate manufacturers commit to third-party certification?
The chocolate and cocoa industry has backed an EU resolution to tackle child labour in cocoa production and warns children may still have produced cocoa that is 100% certified.
Cocoa production in Germany has risen by 36% on the same quarter last year due to an improved political situation in Ivory Coast, according to the Association of the German Confectionery Industry (BDSI).
Surging cocoa supplies did little to prevent front month prices for cocoa (cocoa futures) creeping up by 4 per cent throughout August, according to Euromonitor. “The big surprise has been that this rise has taken place on the back of strong supply projections,”...
Cocoa prices have remained stable over the past two weeks despite the Ivory Coast export ban with industry analysts citing good industry supply cover and access to plentiful crop from Ghana as factors for the lack of price volatility.
Lack of clarity on the implications for the cocoa industry of the financial penalities imposed by the EU on the Ivory Coast has prompted trade representatives in the bloc to seek additional information from the Commission.
The fall in cocoa grindings by 2.4 per in the fourth quarter of 2010 is not an indication of slowdown in the recovery of the chocolate market in Europe, claims an industry analyst.
The reported purchase of 240,100 tonnes of cocoa on the London futures market by a sole trader will not impact hugely on supply to industry, as cocoa processors have already shored up bean stocks for the next four months, claims the International Cocoa...
North American cocoa bean grindings revealed a double-digit growth in the first quarter of 2010, the first gain since 2008, according to the latest statistics released from the National Confectioners Association (NCA).
European cocoa grindings in the first quarter of 2010 rose 8.1 per cent on the year, the biggest first-quarter gain in four years, according to data from the European Cocoa Association (ECA) but an industry insider claims a double-digit hike would have...
