Cocoa back in deficit for 2014/15, predicts ICCO
The cocoa market is expected to revert to a deficit in the current cocoa year as dry weather and dusty winds harm production.
The cocoa market is expected to revert to a deficit in the current cocoa year as dry weather and dusty winds harm production.
Dutch supermarkets Jumbo and C1000 have boycotted Bertolli olive oil and products from Ferrero and Douwe Egberts following a pricing row – although Douwe Egberts products returned to shelves last week after it reached an agreement with the retailers.
Thorntons took a £7.7M hit to UK commercial sales in the first half of its financial year after two major accounts significantly reduced orders, although international sales partially offset the damage.
Mars and Hershey have reached an out of court settlement in a Maltesers trademark case in the US.
Swiss chocolate consumption has fallen in 2014 and domestic chocolate sales have been hit by rising competition from importers profiting from the strong Swiss Franc, says Chocosuisse.