Cocoa Price

The willingness of some multinational firms to pay a cost-of-living bonus for African cocoa planters is welcome but will not save many farmers from grinding poverty, industry sources say. Ivory Coast and Ghana, which together account for…
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The Chief Executive of the Ghana Cocoa Board (COCOBOD), Mr. Joseph Boahen Aidoo, has expressed optimism that the Cocoa Producer Price for the 2019/2020 crop year will come as good news to cocoa farmers. The COCOBOD Chief said he trusts…
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A Mondelez International Inc (MDLZ.O) executive has said that the new cocoa pricing mechanism announced by the top two growers Ivory Coast and Ghana is causing cocoa costs to rise. The chief financial officer of the Illinois-headquartered…
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Higher cocoa prices are having a dampening effect on demand according to figures published by the European Cocoa Association. Second-quarter cocoa grinding in Europe declined by a surprising 3.2% year-on-year. Market participants…
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