Chocolate is set to get more expensive as cocoa prices soar to seven-year highs
Chocolate lovers are up for a bitter disclosure: prices of their favorite snack are about to rise further on the back of elevated cocoa prices.
Source: cnbc.com
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Chocolate expected to get more expensive as cocoa prices soar to 7-year highs
Chocolate lovers are in for a bitter pill to swallow — prices of their favorite food are set to rise further on the back of elevated cocoa costs.
Source: yahoo.com
El Nino weather impact to hurt Vietnam, Indonesia, Brazil coffee supply
Extreme weather conditions due to El Nino are fueling concerns that robusta coffee beans in major producers like Vietnam and Indonesia could be hit.
Source: cnbc.com
El Nino Is Approaching and Your Next Cup of Coffee Could Be at Risk
Extreme weather conditions due to El Nino are fueling concerns that robusta coffee beans in major producers like Vietnam and Indonesia could be hit.
Source: nbclosangeles.com
Europe's unwanted coal heads to China and India as heat builds
Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures heading into the summer. Shipments of about seven-million tons of Colombian coal will be exported to Asian countries in the next quarter, instead of ports in Europe, according to James Marshall, chief executive officer of Berge Bulk, whose fleet of ships ply those routes. Destinations for fuel used by power plants and steelmakers include China and India, he said.
Source: miningweekly.com