Commodities

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer DMCC. Pic: DMCC

Cocoa

Dubai set to become a global hub for cocoa trade

By Anthony Myers

Announced earlier in the year, The Dubai Multi Commodities Centre's (DMCC) Cacao Centre is set to launch in summer with plans to make the Emirati city a global hub for trade in cocoa beans.

'Much of the challenge of reducing deforestation in 2021 comes down to accountability'. Pic: Satelligence

Guest article

The road to 0% deforestation for confectionery FMCGs

By Alan Kroeger

Over the past three decades, the rate of deforestation around the world has noticeably declined. This comes against an ever-increasing societal pressure from consumers and governments for more sustainable food products, which applies to everything from...

Cocoa futures have been performing poorly since the beginning of the year. Pic: ConfectioneryNews

Commodities

Production surplus could weigh down cocoa futures in Q2

By Anthony Myers

Increased output from Cote d’Ivoire and Ghana, along with decline in European cocoa bean usage due to the resurgence of COVID-19 infections means a production surplus projected in the 2020-21 season, with cocoa futures on the commodities market underperforming...