Cocoa grindings in Europe, North America and Asia fell for the second quarter of 2023, according to latest figures released by the International Cocoa Organization (ICCO), sending cocoa prices soaring on the markets as consumers look for cheaper chocolate.
With 420 million hectares of forest cover lost in the past 30 years, the debate on deforestation and traceability in the cocoa supply chain took up the last day of the ECA Cocoa Forum 2022, held in Rome.