Archives for October 23, 2023

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Cocoa leaders demand a fair price for all

Cocoa leaders demand a fair price for all

By Natasha Spencer-Jolliffe

Off the back of Tony's Chocolonely’s warning that the new cocoa farmgate price is still too low, other chocolate brands and global organisations call for an end to corporate greed and push for equity.

Tight cocoa supplies push up prices to meet strong global demand

Commodities

Tight cocoa supplies push up prices to meet strong global demand

By Anthony Myers

Cocoa prices climbed this week as the result of stronger global cocoa demand, with barchart.com reporting that Gepex, an exporter group that includes six of the world's biggest cocoa grinders, said that its Q3 cocoa processing was 183,731 MT, up +7% y/y.