Market & Logistics

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Ghana Eyes Presence In Dubai With Cocoa Trading Platform

GHANA EYES PRESENCE IN DUBAI WITH COCOA TRADING PLATFORM

Ghana is considering an expansion of their global cocoa operations through a partnership with Dubai, in which a cocoa trading platform would be established, allowing Ghana to extend their cocoa offering to both Western and…

Chocolate Companies Coalition Welcomes Eu Legislation

CHOCOLATE COMPANIES COALITION WELCOMES EU LEGISLATION

The European Commission released its proposal for a corporate sustainability due-diligence Directive, on 23 February 2022. The EC’s proposal details plans for holding businesses accountable, for environmental harm and human rights abuse throughout their entire…

Icco Predicts Drop In Cocoa Supplies

ICCO PREDICTS DROP IN COCOA SUPPLIES

The latest Cocoa statistics released by the International Cocoa Organisation predict that the global supply of Cocoa will drop by 5%. The ICCO have just released their 2021/22 Cocoa figures forecast, alongside revised estimates for…

Nigeria Lagos Port Congestion Pushes Exporters To Calabar

NIGERIA LAGOS PORT CONGESTION PUSHES EXPORTERS TO CALABAR

Cocoa exporters are increasingly moving their beans through Nigeria’s Calabar port, as prolonged congestion at the Lagos seaports continues. The port, in the east of the country, is normally associated with ferrying passengers short distances…

Icco – Diverging Trends Between Côte D’Ivoire And Ghana

ICCO – DIVERGING TRENDS BETWEEN CÔTE D’IVOIRE AND GHANA

The International Cocoa Organisation (ICCO) has reported opposing cocoa production trends from West African producing countries. Côte d’Ivoire, the world’s leading cocoa exporters, are slightly up with 1.340 million tonnes, as of January 30th 2022,…

The Outlook For Cocoa Pricing In 2022

THE OUTLOOK FOR COCOA PRICING IN 2022

Several forces are trying to move cocoa prices in different directions at the start of 2022. The largest producer Côte d’Ivoire saw a drop in production with an expected 1.55 million tonnes compared with 1.75…

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