Commodities

ECA reports a decline in European cocoa grind figures Pic: ConfectioneryNews

Coronavirus

Coronavirus crisis affects European cocoa grinds

By Anthony Myers

Cocoa grinding figures across Europe, the indicator of the demand for cocoa for chocolate and confectionery production, declined in the 3rd quarter of 2020 by 4.7% on the same period the previous year, the European Cocoa Organization (ECA) reports.

 Mars said it remains committed to working with others to create a sustainable cocoa supply chain in-line with its Cocoa for Generations strategy. Pic: Mars Wrigley

Sustainability

Mars welcomes minimum price guarantee for cocoa farmers in West Africa

By Anthony Myers

Cote d’Ivoire and Ghana, the world’s largest cocoa producers, have hiked up their minimum price guarantee given to farmers by 21% for the 2020-2021 growing season that starts in October, and has support of major chocolate companies including Mars Wrigley.

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