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.
Safety and sustainability concerns from the food packaging sector are driving increased demand for virgin fibre folding boxboard, said M-real as it announced plans to increase it capacity for the material by 70,000 tons per annum (t/a).
A record sugar cane crop has helped the Philippines become an
exporter of sugar after years of imports. It expects to sell
160,000 tons overseas this year, according to the country's Sugar
Regulatory Authority (SRA). Anand Krishnamoorthy...