Cocoa prices have risen sharply on the New York Stock Exchange, mainly due to technical factors, following a 3.5% drop the previous day. The December contracts surged by 5.42% on […]
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Category: Cocoa
Cocoa Market News & Prices | Global Supply, Demand & Outlook
Venezuela and China Sign Protocols for Cocoa Export
The Minister for Productive Agriculture and Lands, Wilmar Castro Soteldo, reported this month that Venezuela and China signed protocols for the export of cocoa to China. These protocols outline the […]
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Cocoa Futures Rise as Ghana Restricts Supply
Ghana Limits Cocoa Purchases Ghana, the world’s second-largest cocoa producer, plans to limit some cocoa purchases for the upcoming season. This move signals that the severe cocoa shortage, which has […]
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Food Companies Turn to Cocoa Butter Alternatives Amid Rising Raw Material Costs
Shift in Chocolate Production Due to high raw material costs, more food companies are considering using alternatives to cocoa butter in their chocolate-flavored treats. In response to the cocoa price […]
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Cocoa Market Opens Lower in Futures Contracts for September
Cocoa futures contracts opened with a drop of 0.5% this Monday, with securities due in September being quoted at US$7,662 per ton. This movement is influenced by recent improvements in […]
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Peru Aims to Boost Exports of Coffee, Cocoa, and Chocolate to Russia
Peruvian Government’s Export Plans The Peruvian government plans to increase the volume of cocoa, coffee, and chocolate exports to Russia, according to the Peruvian ambassador in Moscow, Juan Genaro del […]
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Cocoa Falls Again in New York After Optimism About the Climate in West Africa
Cocoa prices continued the downward movement registered since the end of last week on the New York Stock Exchange, and closed lower for the fifth consecutive session. This Wednesday (26/6), […]
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Record Cocoa Prices Favor and Encourage Producers in the State of Espirito Santo in Brazil
Currently, the record price of cocoa beans on the international market favours producers dedicated to cocoa farming in the state of Espรญrito Santo in Brazil. The marketed value of the […]
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Parรก Leads Brazil’s Cocoa Production with 149,396 Tons in 2023
The state of Parรก is the absolute leader in cocoa production in Brazil. According to the Executive Committee of the Cocoa Farming Plan (Ceplac), Parรก produced 149,396 tons of cocoa […]
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Belgian Chocolate Industry Urged to Lead Cocoa Sustainability Efforts
The Belgian chocolate industry is being called upon to spearhead efforts in cocoa sustainability, with Chopabrisco, the federation representing Belgian chocolate producers, emphasizing the crucial role Belgium plays in global […]
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