The Malaysian cocoa board expects 2005 to set a new record for
cocoa exports, exceeding RM 2 billion ($530 million), thanks to
increased global consumption and access to new markets.
Dark chocolate made with flavonol-rich cocoa may help prevent
diarrhoea, say scientists who have found cocoa compounds to limit
the development of fluids that cause the condition.
Prices for cocoa remain relatively volatile as political unrest in
Ivory Coast, that produces some 40 per cent of global cocoa crops,
keeps the market nervous.
Ladco Advanced Engineering, the parent company of Scotland-based
MacIntyre Chocolate Systems, has acquired Petzholdt-Heidenauer
International, in a bid to extend both companies' global reach in
the competitive chocolate processing...
Cocoa prices have leapt in London, driven by fears that instability
in Ivory Coast, that produces some 40 per cent of global crops,
could impact supplies.
Barry Callebaut, the world's leading manufacturer of cocoa and
chocolate products, increased its sales revenue, operating profit
(EBIT) and net profit.
Vietnam is halfway through its target of planting 500 hectares of
cocoa this year. The country, famed for its quality coffee
production, wants to become less reliant on one single cash crop.
The vast disparity between the price consumers in the UK pay for
their chocolate and the amount West African cocoa growers are paid
for the key ingredient in the confectionery has been highlighted
again this week by the Co-op. The...