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Record cocoa, sugar prices could impact Easter candy prices

Record cocoa, sugar prices could impact Easter candy prices

Record cocoa, sugar prices could impact Easter candy prices

ICCO urges major rethink as cocoa futures hit another record high

Cocoa futures in London and New York rose to fresh record highs on trading platform ICE on Monday this week as increasing concern about supply shortages in Cote d’Ivoire and Ghana, the world's top two producers, left buyers scrambling for beans from other countries and regions.

Are we entering an age of responsible procurement in the cocoa sector?

Procurement came under the spotlight at Chocoa’s recent Amsterdam Sustainable Cocoa Conference when it convened a panel of specialists to discuss why the practice is not just about buying beans - transactions should go a lot deeper in the value chain and with new EU legislation looming, sustainability and traceability is becoming more and more the core business of procurement, delegates were informed.

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