Cocoa: Upswing in demand in Europe
AMSTERDAM/FRANKFURT. The grinding statistics from Europe and North America fall short of expectations. Last year’s prolonged summer weather has put off consumers from eating chocolate in Germany and concerns have been voiced over the mid-crop in the Côte d’Ivoire. Traders are, however, skeptical towards these and similar statements.
Cocoa: Demand is on the rise in Europe
BRUSSELS/AMSTERDAM. The Q3 grind statistics announced by the European Cocoa Association (ECA) may hint that growth has slowed, but market players remain positive. In addition, the data presented by the International Cocoa Organization (ICCO) in the September report bespeaks of a better start to the new season than previously anticipated.
Cocoa: New EU limits pose great challenge for the market
AMSTERDAM/ABIDJAN. With EU regulations concerning cocoa becoming more and more specific traders are confronted with ever increasing challenges. The International Cocoa Organization (ICCO) has, in addition, stimulated speculations over production in West Africa.
Cocoa: Q2 grinds exceed expectations
FRANKFURT. The recently published grindings data of the Cocoa Association of Asia (CAA) shows solid demand. Contrary to this, the Q2 grindings presented by the National Confectioners Association (NCA) highlight a significant drop in demand.
Cocoa: Germany set to increase market shares for sustainable production
BONN. With sales figures for sustainable cocoa surging in Germany the Association of the German Confectionary Industry (BDSI) has urged its members to invest further in sustainability in its most recently published report.