Strategies for confectionery makers to absorb rocketing price rises
are essential as cocoa prices crash through the $3000 barrier, with
demand outstripping supplies and pulling the stocks-to-grindings
ratio to a 22-year low.
The International Cocoa Organisation (ICCO) monthly review of the
cocoa market suggests that a decline of the monthly average ICCO
daily price in April compared to the previous month could be
misleading as far as futures markets are...
Barry Callebaut has acquired a 49 per cent stake in Biolands of
Tanzania, Africa's largest exporter of certified organic cocoa,
after purchasing 100 per cent of its top-end cocoa for the past
Vietnam looks set to become one of Asia's primary cocoa producers,
with the government pledging to invest 40 billion
dong (€1.8m) in the country's burgeoning cocoa trade, according to
local news reports.