As cocoa supplies from Africa come under pressure, Mondelez International, which owns the Cadbury brand, has started expanding the cultivation of the crop in South India, while exploring the ...
He said, “We want to process our cocoa beans into cocoa butter, cocoa liquor, cocoa powder, and possibly chocolate ... in practice in our Ecuador South America farms,” he said.
March ICE NY cocoa (CCH25) Thursday closed up +375 (+3.75%), and March ICE London cocoa #7 (CAH25) closed up +164 (+2.05%). Cocoa prices rallied sharply on Thursday due to West African cocoa crop ...
It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter taste in your mouth. “This Valentine’s Day expect prices for ...
West Africa, responsible for 70% of the world’s cacao, faces increasing challenges due to climate change, deforestation, and unsustainable farming. The region’s drying land reduces cocoa ...
Cocoa is a key ingredient in chocolate: in fact it must be present to be legally described as chocolate. West Africa — predominantly Côte d'Ivoire and Ghana — account for about 80% of world ...
The price of cocoa hit a record high of $12,646 per metric ton in December. Years of bad weather in the key cocoa-producing region of West Africa and the cocoa swollen shoot virus disease have ...