Cocoa grindings in Europe, North America and Asia fell for the second quarter of 2023, according to latest figures released by the International Cocoa Organization (ICCO), sending cocoa prices soaring on the markets as consumers look for cheaper chocolate.
With supply concerns heightened by recent flooding in some of Cote d’Ivoire’s cocoa farms, there are concerns it could affect the start of the next October-to-March main crop, farmers told local media at the beginning of the week, while NY cocoa prices...
The International Cocoa Organization (ICCO) has widened its deficit forecast for the current 2022-23 (October-September) season to 142,000 tonnes, up from 60,000 tonnes previously.
The International Cocoa Organization (ICCO) has announced the reappointment of Michel Arrion as Executive Director for a period of 5 years until 30 September 2028.
Cocoa prices posted moderate losses on the New York and London ICE exchanges at the end of last week. May ICE NY cocoa (CCK23) closed down -51 (-1.80%), and May ICE London cocoa #7 (CAK23) closed down -26 (-1.20%) as a stronger dollar sparked long liquidation...
Weakness in global cocoa demand weighed on cocoa prices, barchart.com reported, as modest losses at the end of last week were posted with NY cocoa falling to a 1-month low and London cocoa falling to a five-week low.
Recent flash flooding in West and Central Africa has hindered Cote d’Ivoire’s transportation of cocoa beans from the farms to the ports and could be the reason for the reduction of cocoa arrivals seen during the first few weeks of the main 2022-23 season...
The International Cocoa Council (ICCO) has laid out and adopted a new set of amendments relating to the International Cocoa Agreement (ICA) 2010 at a specially convened meeting last month in Abidjan, Cote d’Ivoire.
The International Cocoa Organization (ICCO) has forecast a 230,000-tonne global cocoa deficit in the current 2021-22 season (October-September), up from a previous projection of a deficit of 174,000 tonnes.
The European Cocoa Organization (ECA) has reported an increase in cocoa grinding figures for the second quarter of 2022 with 364,081 tonnes of raw cocoa ground - an increase of 2.0% compared to the same quarter in the previous year.
Cocoa prices rallied in the week ending 24 June, after the Cote d’Ivoire government reported that cocoa farmers sent a cumulative 2.24 MMT of cocoa to its ports from 1 October 1 to 19 June, down -1.8% y/y.
The World Cocoa Conference has been postponed for the third time after organisers International Cocoa Organization (ICCO) cited uncertainties of holding a global gathering in Bali with the potential of more travel restrictions due to the ongoing COVID-19...
Oversupply and ample stocks of cocoa beans in the preceding year made cocoa beans relatively affordable, boosting production and increasing cocoa processing activities.
Cocoa production in key West African countries dropped significantly at the end of 2021, according to the latest figures from the International Cocoa Organisation (ICCO).
The International Cocoa Organisation (ICCO) forecasts a 10% increase in the world cocoa production and a 25% increase in the cocoa price in the next decade. Based on the forecast, the total cocoa production will be approximately 4,700,000 tonnes in 2022-2023.
The International Cocoa Organization (ICCO) has revised its forecasts for the 2020-21 cocoa year, along with estimates of world production, grindings and stocks of cocoa beans for the 2019-20 cocoa year.
In its latest update, the ICCO’s (International Cocoa Organization) assessment of European cocoa bean stocks for the 2019/20 season held in the continent’s warehouses reveals a reduction of 1.5% (down by 11,734 tonnes), compared with the previous season.
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.
Dispatches from the 3rd World Cocoa Conference in Dominican Republic
Cocoa producer living income can be increased by gradually introducing large estates in traditionally smallholder areas, says the International Cocoa Organization’s executive director.
Chair of the International Cocoa Organization’s (ICCO) panel on fine flavor cocoa discusses why countries are seeking fine flavor status and how it can be won.
The International CoCoa Farmers Organization has called for greater farmer involvement in cocoa sustainability efforts and plans to host a conference alongside the International Cocoa Organization’s top event after its board membership request was rejected.
The International Cocoa Organization has quelled media reports of a chocolate crisis in 2020 and says there are sufficient cocoa stocks for the next five years.
The International Cocoa Organization (ICCO) has estimated a cocoa surplus for the current crop year, but said the market would return to a small deficit next year.
The International Cocoa Organization (ICCO) has reiterated its cocoa deficit forecast for the 2012/13 season after a public leak led the market to erroneously believe the shortfall was greater than expected.
The global cocoa deficit for the 2012/13 crop year was worse than previously expected, according to revised figures from the International Cocoa Organization (ICCO), which has tripled its estimate.
The International Cocoa Organization (ICCO) has slightly reduced its cocoa deficit forecast for the current crop year and says there are ample stocks for chocolate manufacturers, but a deficit next year could raise prices.
Euromonitor International is predicting that demand for cocoa products will not outstrip supply by 2017, contrary to the International Cocoa Organization’s (ICCO) forecasted cocoa deficit.
The International Cocoa Organisation (ICCO) anticipates a lower than expected global cocoa shortage in the 2011/12 season due to ideal weather conditions and higher grinds in some cocoa producing countries.
Trading directly with Ecuadorean farmers ensures a better quality bean and boosts the ecological and ethical profile of a chocolate company, claims a US manufacturer.
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...
Observer status for non-governmental organisations (NGOs) on a new cocoa industry consultative board is proving a sticking point at the UN Cocoa Conference in Geneva this week, which aims to finalise the details of a new deal related to trade in the commodity.
As demand continues to outstrip supply, the world price of cocoa was more than 12 per cent higher at the end of last week compared with a year ago, according to the International Cocoa Organization (ICCO).
