Cocoa production has increased in certain African countries as growing areas expand at the expense of forests, but online ...
The price per ton of cocoa ended 2024 with a 178.2% surge, closing at $11,675 after reaching an all-time high of $12,931.
Nigeria has long been a giant in cocoa production, ranking among the world’s top exporters. Yet, for decades, the country ...
A chocolatier has told how the increasing price of raw ingredients to make the sweet treats has made the last 12 months "the ...
40% of the world’s cocoa beans are produced in Côte d’Ivoire. In February, China opened that country’s largest cocoa factory.
Ivory Coast’s Coffee and Cocoa Council (CCC) is expected to increase the state-guaranteed price paid to its cocoa farmers by ...
A farmer holds cocoa beans while he is drying them at a village ... Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across ...
The silos in Tema, built by Dr . Kwame Nkrumah to store cocoa beans and wait for the right price have never hosted a single ...
Farmers have said rains were scattered and irregular in the West African country ... and 300,000 metric tons of cocoa due to the dry spell, which deteriorates beans' size and quality.
Cocoa prices today are moderately lower as favorable weather in West Africa aids pod developments ... reported that Q4 North American cocoa bean grindings fell -1.2% y/y to 102,761 MT.
Mr Stone said: “The commodity price is now 300 per cent more than it was two years ago. And, just before Christmas, it was ...