Ghana

Cocoa beans are in short supply. Pic: CN

Commodities

Future of cocoa under threat as prices skyrocket due to bean shortages

By Anthony Myers

UPDATE: TUESDAY 26 MARCH 2024: Cocoa prices continued to rise this week. Earlier today the price of cocoa beans smashed through the $10,000 a ton for the first time in the futures market after posting gains all week - with chocolate makers passing on...

The detrimental effect of unfavourable weather conditions is hitting global cocoa supplies. Pic: GettyImages

Commodities

ICCO predicts 11% drop in global cocoa output, after El Niño effect

By Anthony Myers

The El Niño weather phenomenon, which hit the west coast of Africa last year, carrying unseasonal heavy rains followed by dry heat, is the main factor in an 11% drop in the season’s main cocoa harvest, according to the latest figures from the International...

Spotlight

Follow us

Products

View more

Webinars

Featured Suppliers

All