Commodities

Sales of cocoa beans have fallen in Cote d'Ivoire. Pic: CN

Cocoa

Cote d’Ivoire’s cocoa exports plummet as COVID and LID disrupt market

By Anthony Myers

Sales of Cote d’Ivoire’s cocoa crop are the worst in decades, industry sources say, as COVID-19 drives down global demand for chocolate and the controversial Living Income Differential (LID) increases the price of its, and neighbouring Ghana’s, cocoa...

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.

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