Ivory Coast
Tony’s Chocolonely gears-up for the World Confectionery Conference, as it launches key campaign
Innovative confectionery impact brand Tony’s Chocolonely is taking a novel approach to its fight for a more sustainable cocoa industry through recruiting seven of the most famous celebrity Tony’s in the world, to spread its mission, writes Neill Barston.
Ivory Coast and Ghana cocoa prices remain volatile after 15% Futures market price drop
Considerable market volatility has continued to impact key cocoa markets in Ghana and Ivory Coast, in the wake of a 15% drop in New York Futures prices from over $9,000 a tonne to $7,300 at the start of this week, reports Neill Barston.
Fairtrade Fortnight 30th anniversary continues to highlight major tests facing farming supply chains
As part of its 30th anniversary celebrations, the Fairtrade Foundation is set to move its Fairtrade Fortnight to September in a move to extend the celebration of it mission in continuing to campaign for improved farmer prices in supply chains including the cocoa sector, writes Neill Barston.
Mars makes strides with Sustainable in a Generation project, yet key environmental tests within supply chains remain
Mars has asserted it remains on track to achieve its 2050 net zero environmental goals, with the release of its 2023 Sustainable in a Generation report part of a $1 billion investment gearing towards achieving its milestone targets, reports Neill Barston.
Tony’s Chocolonely confirms need for retail price rises as cocoa sector supply challenges continue
Tony’s Chocolonely, the Dutch-founded impact confectionery brand, has informed consumers on its decision to raise prices across its group, as its cocoa supply chains face continued major challenges with farmers’ yet to reach a living income and renewed crop diseases hit yields, reports Neill Barston.
Cemoi chocolatier unveils cocoa supply digitisation project ahead of EUDR regulations
French-based premium chocolate group Cemoi has confirmed that its cocoa sourcing operations are fully on course to meet requirements for the upcoming EUDR deforestation regulations due at the end of this year, reports Neill Barston.
Touton delivers Cocoa and Forests Initiative progress, yet major challenges remain
The Touton Group has released its latest Cocoa and Forests Initiative report (CFI), in which it has claimed key progress, including doubling the amount of farms that it has engaged with as part of the key cross-industry initiative, writes Neill Barston.
Caobisco issues plea to EU Commission president on EUDR deforestation laws
The European confectionery trade body, Caobisco, has issued an urgent plea to EU Commission president Ursula von der Leyen over significant concerns surrounding the implementation of the upcoming EUDR supply chain legislation, reports Neill Barston.
Global cocoa prices hit $10,000 again on Futures commodities markets
Cocoa prices on the commodities market once again tipped into the $10,000 a tonne price point, amid renewed pressure in the wake of an ICCO confirmation that crop supplies in key Ghana and Ivory Coast are expected to continue to experience a worse than anticipated deficit of supply, writes Neill Barston.
Exclusive: Puratos Cacao-Trace scheme sets ambitious targets supporting key cocoa communities
As the chocolate industry continues to play a stronger focus than ever surrounding delivery on sustainability goals amid upcoming EUDR regulations, Puratos recently released its annual Cacao-Trace report.
ICCO figures show cocoa supply chain deficits amid high volatility in global prices
The International Cocoa Association (ICCO), has released its latest quarterly bulletin revealing that crop deficits are ‘expected to be higher’ than previously anticipated, amid a shortage of supplies coming forward from key West African producing nations of Ghana and Ivory Coast, reports Neill Barston.
Fairtrade sustainability training schemes make gains in Ghana and Ivory Coast
Results from a new Fairtrade study have found that it has attained a notable expansion in sustainable practices training provision for farmers under its West African Cocoa Programme (WACP), across Ivory Coast, Ghana and Sierra Leone, writes Neill Barston.
Cocoa prices fall dramatically by 30% surrounding market liquidity fears
After hitting a major comparative peak last month, cocoa prices that were trading at around $12,000 on Futures commodities markets have experienced a sizable drop of around 30%, amid reported fears over a lack of liquidity in the market, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
KIT Institute study notes key results for Nestlé cocoa income accelerator scheme
A report from the KIT Institute has revealed that Nestlé’s income accelerator programme for cocoa farmers has seen their household pay levels increase by a total of 38%, amid wider sector ambitious of delivering a living income for agricultural workers, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability